S&P Affirms Ratings on Hewlett Packard Enterprise (HPE) Amid ES Business Spin-off Plans (CSC)

Susquehanna Raises Price Target on Hewlett Packard Enterprise (HPE); Sees Spin-Off as 'Win-Win'

Susquehanna 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

S&P Places Computer Sciences (CSC) Ratings on CreditWatch Negative Amid Hewlett-Packard Deal

S&P Global Ratings said it placed all of its ratings, including its 'BBB' corporate credit rating, on Computer Sciences Corp. (NYSE: CSC) on CreditWatch with negative implications.

"The CreditWatch placement follows CSC's announcement that it has agreed to merge with... More

Hewlett Packard (HPE): Enterprise Services Spin-Off Will Create Better Focus - FBN

FBN Analyst, Shebly Seyrafi, raised her PT to $21 from $18 as HP Enterprise (NYSE: HPE) will benefit from half of the $1B in synergies from the CSC deal as well as developing a better focus.

On the quarter, the 10% Y/Y growth in Enterprise Group (EG) was... More

BMO Capital Raises Price Target on Hewlett Packard Enterprise (HPE) Following 2Q Beat

BMO 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

Needham & Company Upgrades HP Enterprise (HPE) to Buy

Needham & Company upgraded HP Enterprise (NYSE: HPE) from Hold to Buy with a price target of $22.00 after the comapny announced its plan to spin off and merge its $18B Enterprise Services business with CSC.

Analyst Richard Kugele commented, "In... More

Stocks with Implied Volatility Movement

Rite Aid (NYSE: RAD) 30, Hewlett Packard Enterprises (NYSE: HPE) 43 implied volatility is above its IV index mean

Seagate (NYSE: STX) 46, AMD (NYSE: AMD) 55 implied volatility is below its... More

Barclays Upgrades Computer Sciences (CSC) to Overweight

Barclays upgraded Computer Sciences (NYSE: CSC) from Equalweight to Overweight with a price target of $54.00.

For an analyst ratings summary and ratings history on Computer Sciences click here. For more ratings news on Computer Sciences click here.

Shares of Computer Sciences closed at $35.65 yesterday.