🔴 Dell Technologies is trading 4.3% down today after Barclays downgrades shares over valuation concerns

Dell Technologies is trading at €441.90, down 4.34%, after Barclays cut its rating to Equal Weight from Overweight, citing valuation concerns and no meaningful enterprise AI spending inflection.

• Barclays said recent revenue growth reflected higher memory costs passed on to customers, which may not persist.
• Hotter-than-expected U.S. inflation and weakness in technology shares added broader pressure on October 14.
• Trading-volume data was not provided.