Hewlett Packard Enterprise (HPE) downgraded as IT spending expected to moderate
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Hewlett Packard Enterprise (HPE) Acquires Pachyderm
January 12, 2023 8:40 AM ESTHewlett Packard Enterprise (NYSE: HPE) today announced an expansion to its AI-at-scale offerings with the acquisition of... More
Evercore ISI Downgrades HP Enterprise (HPE) to In Line
January 12, 2023 3:40 AM EST(Updated - January 12, 2023 3:51 AM EST)
Evercore ISI analyst Amit Daryanani downgraded HP Enterprise (NYSE: HPE) from Outperform to In Line with a price target of $18.00.
The analyst comments "We are downgrading HPE to In Line from Outperform and leave our target price unchanged at $18/share given the stock price is now within range of our target. Our neutral view hinges on FOUR key points: 1) Moderating IT Spend & Expecting Tighter Wallets in 2023. We expect global IT spend will moderate but still grow in the range of 3-5% y/y (ex-Telecom Services) in... More
Hewlett Packard Enterprise (HPE) Appoints Frank D’Amelio to its Board
January 10, 2023 4:07 PM ESTHewlett Packard Enterprise (NYSE: HPE) today announced that Frank DAmelio, former executive vice president and CFO of Pfizer Inc., has been appointed to HPEs Board of Directors, effective today. DAmelio will also serve as a member of the Boards Audit Committee.
DAmelios expertise and proven leadership in finance, corporate development, and operations across multiple industries will bring additional valuable perspective to the Board, and his experience managing IT will... More
