Analysts on Wall Street reacted to Dell's latest quarterly results — which sent the stock tumbling. However, some maintained a positive outlook on the company. Citi, meanwhile, initiated Lionsgate Studios with a buy rating. Check out the latest calls and chatter below. All times ET. 6:10 a.m.: Wolfe Research upgrades Fifth Third Bank Regional bank Fifth Third is "a 'steady Eddie' performer," according to Wolfe Research.
mountain DELL falls Goldman Sachs analyst Michael Ng is also encouraged by Dell's AI server demand and shipments. Infrastructure service group margins, which hit a record low in the previous quarter, are also expected to improve throughout the rest of the year, he noted. Ng reiterated his buy rating. His $160 price target indicates nearly 6% downside from where shares closed on Thursday, however.
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