Dell Technologies is trading 3.11% down at $454.21 after Barclays downgraded it to Equal Weight from Overweight and lowered its price target to $574 from $603.
- Barclays questioned whether recent server revenue reflects sustained enterprise AI demand or higher memory prices.
- Dell’s decline comes amid a wider technology-stock selloff as investors reassess debt-funded AI infrastructure spending and higher-rate risks.
- Supplied price context shows losses over recent sessions.