Hewlett Packard Enterprise (HPE) Acquires Pachyderm

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Hewlett Packard Enterprise (HPE) downgraded as IT spending expected to moderate

January 12, 2023 11:14 AM EST

Evercore ISI downgraded shares of Hewlett Packard Enterprise (NYSE: HPE) to In Line from Outperform in a note to clients Thursday, leaving its target price unchanged at $18 a share.

The firm's analyst Amit Daryanani said the downgrade is partly due to the fact the stock is "now within range of our... More