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Hewlett Packard Enterprise (HPE): Raising PT Despite Weak Quarter - Jefferies

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BMO Capital Raises Price Target on Hewlett Packard Enterprise (HPE) Following Mixed 3Q Report

September 8, 2016 9:38 AM EDT

BMO Capital reiterated an Outperform rating on Hewlett Packard Enterprise (NYSE: HPE), and raised the price target to $26.00 (from $24.00), following the company's 3Q earnings report. HPE reported mixed results, with revenue of $12.2B coming up short of the consensus estimate of $12.6B. EPS of $0.49 beat $0.45... More