Hewlett Packard Enterprise raises annual profit forecast on AI strength

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Go back to Hewlett Packard Enterprise raises annual profit forecast on AI strength

HP Enterprise (HPE) PT Lowered to $21 at BofA Securities

September 5, 2024 5:32 AM EDT

BofA Securities analyst Wamsi Mohan lowered the price target on HP Enterprise (NYSE: HPE) to $21.00 (from $24.00) while maintaining a Neutral rating.

The analyst comments "We reiterate our Neutral rating on HPE as we see the positives balancing the negatives. Positives include:... More