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ServiceNow gets a boost from improving AI and federal-business checks, while UBS nudges its Alphabet target higher but sees no near-term catalyst.
Barclays downgraded Dell Technologies, Hewlett Packard Enterprise and NetApp to ‘Equal Weight’ from ‘Overweight’.
Dell Technologies (DELL) shares fell in premarket trading on Wednesday after Barclays downgraded the stock, citing elevated valuations and a lack of meaningful acceleration in AI-driven demand. Meanwhile, ServiceNow (NOW) gained after Citi raised its price target ahead of the company’s third-quarte…