Dell Stock Plummets Post-Downgrade as Morgan Stanley Cuts Outlook

Dell Technologies Inc.’s stock saw a sharp decline in premarket trading on Monday, November 17, 2025, falling more than 5% after Morgan Stanley downgraded the company’s rating. The investment bank shifted from Overweight to Underweight and slashed its price target to $110 from $144, citing concerns regarding AI server market shifts and rising component costs as key factors in this bearish outlook.