HPE Reports Fiscal 2016 Second Quarter Results
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Susquehanna Raises Price Target on Hewlett Packard Enterprise (HPE); Sees Spin-Off as 'Win-Win'
May 25, 2016 2:50 PM EDTSusquehanna reiterated a Neutral rating on Hewlett Packard Enterprise (NYSE: HPE), and raised the price target to $16.00 (from $15.00), following the company's 2Q earnings report. HPE's guide came below consensus. However, the conference call was dominated by the 50/50 spin-off of the Services biz segment.... More
Oppenheimer Reiterates Outperform on Hewlett Packard Enterprise (HPE) Following 2Q Results
May 25, 2016 9:21 AM EDTOppenheimer maintained an Outperform rating and $21.00 price target on Hewlett Packard Enterprise (NYSE: HPE) following the company's 2Q earnings report. HPE reported revenue of $12.71B with EPS of $0.42, compared to consensus estimates of $12.34B and $0.42.
Analyst Ittai Kidron commented, "HPE reported solid... More
BMO Capital Raises Price Target on Hewlett Packard Enterprise (HPE) Following 2Q Beat
May 25, 2016 8:33 AM EDTBMO Capital reiterated an Outperform rating on Hewlett Packard Enterprise (NYSE: HPE), and raised the price target to $24.00 (from $23.00), following the company's 2Q earnings report. Revenues of $12.7 billion were above consensus estimates of $12.4 billion. HPE does not provide revenue guidance, but expects... More
Hewlett Packard Enterprise (HPE) Reports In-Line Q2 EPS; Adds $3B to Stock Buyback Authorization
May 24, 2016 4:08 PM EDTHewlett Packard Enterprise (NYSE: HPE) reported Q2 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $12.7 billion versus the consensus estimate of $12.33 billion.
Board authorized additional $3 billion for share repurchases; $4.8 billion now remaining in stock repurchase... More
