Hewlett Packard Enterprise stock plunges on weak guidance, job cuts
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HP Enterprise (HPE) PT Lowered to $17 at Evercore ISI
March 7, 2025 5:11 AM ESTEvercore ISI analyst Amit Daryanani lowered the price target on HP Enterprise (NYSE: HPE) to $17.00 (from $22.00) while maintaining a In Line rating.
The analyst comments "ALL YOU NEED TO KNOW: HPE reported Jan-qtr revenue/EPS results of $7.85B/0.49 vs. street at $7.8B/0.50c as the company saw strong 17% cc sales growth driven compute (AI servers) though they provided a worse than expected Q2 and FY25 guide that will... More
