Dell Technologies Inc. (DELL) is experiencing notable market activity following a series of updates from analysts and traders. Bank of America Securities has lowered its price target for Dell's stock to $150 from $155 while maintaining a 'Buy' rating. The firm cited challenges such as an AI server backlog and delays related to the Blackwell project, but emphasized that long-term demand for Dell's products remains robust. On the trading front, Dell's stock saw a strong rally of 5%, with significant options activity noted, including a buyer of 1,400 April $155 calls at a price of $1.39. Additionally, traders have expressed positive sentiment regarding Dell's performance, with reports of increased interest and favorable market conditions.