Hewlett-Packard Enterprise raised to Buy at BofA on several catalysts; shares up
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Nvidia gets a new bull on Wall Street as William Blair starts at buy
September 18, 2024 8:04 AM EDTNVIDIA (NASDAQ: NVDA) gained a new bull on Wall Street as William Blair initiated coverage of the stock with an Outperform rating, citing the company's leadership in parallel computing and its dominant position in the AI industry.
According to the firm, "Nvidia has a long and storied history of designing parallel computing systems," which has propelled the company into high-growth markets like gaming, automotive, and high-performance computing (HPC).... More
Evercore ISI Reiterates In Line Rating on HP Enterprise (HPE)
September 18, 2024 5:33 AM EDTEvercore ISI analyst Amit Daryanani reiterated an In Line rating and $22.00 price target on HP Enterprise (NYSE: HPE).
The analyst comments ": Given the anticipated closing of the JNPR acquisition in late CY24 or early CY25, we update our accretion expectations for the combined HPE & JNPR entity. We now expect JNPR to be ~15c or ~7% accretive in FY25 for HPE, compared to our prior expectations of ~26c or ~13% accretion, with the lowered accretion expectations driven primarily by a weaker fundamental setup given the... More
