HPE, Juniper networks under scrutiny amid potential DOJ acquisition block
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Evercore ISI Reiterates In Line Rating on HP Enterprise (HPE), 'both HPE and JNPR could see downside bias from these levels'
January 30, 2025 1:20 PM ESTEvercore ISI analyst Amit Daryanani reiterated an In Line rating and $22.00 price target on HP Enterprise (NYSE: HPE)
The analyst comments "ALL YOU NEED TO KNOW: The U.S. DOJ officially filed a lawsuit aimed to block HPEs pending acquisition of Juniper. Recall, HPE currently has already received unconditional clearance from the E.U., United Kingdom, India, South Korea, and Australia, and has been engaged with the DOJ in their review of the pending acquisition, including... More
