Hewlett Packard Enterprise surges as AI-server demand powers strong results
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Argus Upgrades HP Enterprise (HPE) to Buy
June 7, 2024 7:20 AM EDTArgus analyst Jim Kelleher upgraded HP Enterprise (NYSE: HPE) from Hold to Buy with a price target of $26.00.
The analyst comments "We are raising our intermediate-term rating on Hewlett Packard Enterprise to BUY from HOLD, based on the company's strong positioning and... More
Evercore ISI Closes Tactical Outperform Call on HP Enterprise (HPE)
June 5, 2024 12:04 PM EDTEvercore ISI analyst Amit Daryanani reiterated an In Line rating and $22.00 price target on HP Enterprise (NYSE: HPE).
The analyst comments "We are closing our tactical outperform call on HPE following solid Apr-qtr earnings. HPEs Apr-qtr results came in ahead of expectations particularly on the AI front with shipments growing from ~$400M LQ to ~$900M during the Apr-qtr, and more importantly HPE sounded incrementally more positive on the AI opportunity going forward with demand from sovereigns and enterprise... More
