Gotrade News - Monday (27/04), US semiconductor and tech names took center stage after two major brokers raised price targets. Citi lifted Dell Technologies (DELL) target to $235 from $180, while UBS raised KLA Corporation (KLAC) target to $1,835 from $1,575.
For global retail investors, the upgrades underscore continued AI infrastructure demand momentum. Intel (INTC) also delivered solid fiscal Q1 2026 results with revenue growing 7% year over year.
Key Takeaways
- Citi lifts Dell PT to $235, a $55 jump driven by AI server momentum.
- UBS raises KLAC PT to $1,835 ahead of Tuesday (29/04) earnings.
- Intel posts $13.6 billion in fiscal Q1 2026 revenue, up 7% YoY.
Citi Highlights Dell AI Server Momentum
According to Insider Monkey, Citi maintained its Buy rating on Dell. The broker cited "AI server momentum and improving storage execution" as primary drivers behind the target upgrade.
The $55 target hike reflects strong conviction in Dell execution. Citi also characterized Dell H2 2026 management guidance as "prudent" rather than overly aggressive.
Dell posted record annual revenue of $113.5 billion in FY2026, up 19% YoY. Record diluted EPS came in at $8.68, a 36% YoY increase.
Management raised the dividend 20% and added a $10 billion share buyback authorization. FY2027 guidance points to 23% revenue growth and 33% EPS growth at the midpoint.
Retail investors can explore Dell on Gotrade Global for fundamentals and fractional access. AI server demand remains the structural tailwind underpinning the upgrade cycle.
UBS Repositions KLAC; Intel Showcases New Lineup
UBS lifted the KLAC target to $1,835 from $1,575 on April 21. The Neutral rating was maintained ahead of fiscal Q3 2026 earnings on Tuesday (29/04) at 2 p.m. PT.
In fiscal Q2 2026, KLAC reported revenue of $3.30 billion above the $3.225 billion guidance midpoint. GAAP diluted EPS hit $8.68 and non-GAAP $8.85, both above the midpoints.
Operating cash flow reached $1.37 billion for the quarter and $4.77 billion trailing 12 months. Free cash flow was $1.26 billion for the quarter and $4.38 billion on a trailing basis.
KLAC operates across Semiconductor Process Control, Specialty Semiconductor Process, and PCB/Display/Component Inspection. The full KLA profile is available on Gotrade Global.
Intel reported fiscal Q1 2026 revenue of $13.6 billion, up 7% YoY. GAAP EPS came in at $0.73 and non-GAAP EPS at $0.29, signaling early margin stabilization.
For Q2 2026, Intel guided revenue of $13.8 billion to $14.8 billion. Management also guided GAAP EPS of $0.08 and non-GAAP EPS of $0.20 for the next quarter.
Intel rolled out the Xeon 600 line for workstations and Core Ultra 200S Plus for desktop and mobile. Core Series 2 for health and life sciences edge plus Core Series 3 round out the four operating segments.
Investors tracking the Intel turnaround can review INTC on Gotrade Global for the latest data. The broader chip sector continues to ride AI and data center demand into the next earnings wave.
