S&P Affirms Ratings on Hewlett Packard Enterprise (HPE) Amid ES Business Spin-off Plans (CSC)
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Susquehanna Raises Price Target on Hewlett Packard Enterprise (HPE); Sees Spin-Off as 'Win-Win'
May 25, 2016 2:50 PM EDTSusquehanna reiterated a Neutral rating on Hewlett Packard Enterprise (NYSE: HPE), and raised the price target to $16.00 (from $15.00), following the company's 2Q earnings report. HPE's guide came below consensus. However, the conference call was dominated by the 50/50 spin-off of the Services biz segment.... More
S&P Places Computer Sciences (CSC) Ratings on CreditWatch Negative Amid Hewlett-Packard Deal
May 25, 2016 12:33 PM EDTS&P Global Ratings said it placed all of its ratings, including its 'BBB' corporate credit rating, on Computer Sciences Corp. (NYSE: CSC) on CreditWatch with negative implications.
"The CreditWatch placement follows CSC's announcement that it has agreed to merge with... More
Hewlett Packard (HPE): Enterprise Services Spin-Off Will Create Better Focus - FBN
May 25, 2016 9:50 AM EDTFBN Analyst, Shebly Seyrafi, raised her PT to $21 from $18 as HP Enterprise (NYSE: HPE) will benefit from half of the $1B in synergies from the CSC deal as well as developing a better focus.
On the quarter, the 10% Y/Y growth in Enterprise Group (EG) was... More
BMO Capital Raises Price Target on Hewlett Packard Enterprise (HPE) Following 2Q Beat
May 25, 2016 8:33 AM EDTBMO Capital reiterated an Outperform rating on Hewlett Packard Enterprise (NYSE: HPE), and raised the price target to $24.00 (from $23.00), following the company's 2Q earnings report. Revenues of $12.7 billion were above consensus estimates of $12.4 billion. HPE does not provide revenue guidance, but expects... More
Needham & Company Upgrades HP Enterprise (HPE) to Buy
May 25, 2016 7:51 AM EDTNeedham & Company upgraded HP Enterprise (NYSE: HPE) from Hold to Buy with a price target of $22.00 after the comapny announced its plan to spin off and merge its $18B Enterprise Services business with CSC.
Analyst Richard Kugele commented, "In... More
Stocks with Implied Volatility Movement
May 25, 2016 6:50 AM EDTRite Aid (NYSE: RAD) 30, Hewlett Packard Enterprises (NYSE: HPE) 43 implied volatility is above its IV index mean
Seagate (NYSE: STX) 46, AMD (NYSE: AMD) 55 implied volatility is below its... More
Barclays Upgrades Computer Sciences (CSC) to Overweight
May 25, 2016 6:38 AM EDTBarclays upgraded Computer Sciences (NYSE: CSC) from Equalweight to Overweight with a price target of $54.00.
For an analyst ratings summary and ratings history on Computer Sciences click here. For more ratings news on Computer Sciences click here.
Shares of Computer Sciences closed at $35.65 yesterday.
... More