HP Enterprise (HPE) PT Raised to $30 at Raymond James

Raymond James analyst Simon Leopold raised the price target on HP Enterprise (NYSE: HPE) to $30.00 (from $29.00) while maintaining a Strong Buy rating.

The analyst comments "We maintain a Strong Buy rating on HP Enterprise following its F3Q25 report that reflected a beat with mixed guidance. Net, business is tracking well; however, the outlook includes a +30% q/q decline from AI platforms; lumpiness is business as usual. Investors will need to be patient to appreciate the longer term; HPE will host an analyst meeting in October where we expect it will disclose its strategy and financial outlook. Juniper’s inclusion is already helping and contributes to the improving operating margin outlook. HPE will play an increasing roll in AI initiatives with the inclusion of Juniper and the broadening market. We include HPE within the context of an AI networking basket. Our EPS estimates change modestly, and our target goes to $30."

You May Also Be Interested In

• Fiserv (FISV) PT Lowered to $60 at Freedom Broker
• Jane Street Took $15 Billion Hit In July Tied To Situational Awareness - Reuters
• Home Depot (HD) call put ratio 1.5 calls to 1 put with a focus on September 330 puts into quarter results