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RBC analyst David Paige set a $640 price target, citing Dell's position in a multi-year AI infrastructure spending cycle
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Shares of Dell $DELL jumped 10% on Friday after RBC Capital Markets assigned the computer maker an outperform rating and a $640 price target in its initiating coverage note.
Friday's gain pushed Dell stock to an all-time high, extending a rally that has seen shares more than quadruple in 2026, fueled by surging demand from cloud providers and enterprises buying Nvidia $NVDA-based servers and related hardware for AI deployments.
