Hewlett Packard Enterprise and Juniper Networks Strongly Oppose Department of Justice’s Decision to File Suit to Block Acquisition

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Go back to Hewlett Packard Enterprise and Juniper Networks Strongly Oppose Department of Justice’s Decision to File Suit to Block Acquisition

Evercore ISI Reiterates In Line Rating on HP Enterprise (HPE), 'both HPE and JNPR could see downside bias from these levels'

January 30, 2025 1:20 PM EST

Evercore ISI analyst Amit Daryanani reiterated an In Line rating and $22.00 price target on HP Enterprise (NYSE: HPE)

The analyst comments "ALL YOU NEED TO KNOW: The U.S. DOJ officially filed a lawsuit aimed to block HPEs pending acquisition of Juniper. Recall, HPE currently has already received unconditional clearance from the E.U., United Kingdom, India, South Korea, and Australia, and has been engaged with the DOJ in their review of the pending acquisition, including... More