** Shares in Dell Technologies were down 4.7% on Monday as investors digested news from the Consumer Electronics Show last week; Dell among the biggest decliners in the S&P 500 technology index , down 1.9% on the day
** Dell on track for 4th straight day of declines, biggest one-day pct drop since Dec. 18, hit lowest level since Sept 11
** Stock last traded at $109.42 after falling as low as $106.69 , vs median PT of $154.17, as per LSEG which shows 25 ratings: 4 'strong buy,' 18 'buy' and 3 hold ratings
** In a post-CES note covering memory, semi and hardware companies, TD Cowen write analysts wrote that DELL expects better visibility re commercial PC refresh cycle in calendar Q2 but analysts say they cautious over the next 2 quarters on AI servers, that "expectations there are still high especially on both revenue and gross margin fronts"
** YTD shares down almost 5% after rising 50.6% in 2024, tech sector down 3.5% YTD after rising 35.7% last year
(Reporting By Sinéad Carew)
((sinead.carew@thomsonreuters.com; +13322191897;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。