By finviz.com
Publication Date: 2026-02-25 04:53:00
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the 12 cheap tech stocks to invest in according to hedge funds.
On February 19, JPMorgan analyst Samik Chatterjee lowered his price target on Hewlett Packard Enterprise Company (NYSE:HPE) from $30 to $27, while maintaining an Overweight rating.
According to TheFly, Chatterjee lowered the price target as part of an earnings preview. The analyst noted that investor sentiment remains difficult for the hardware and networking group. The near-term performance of the sector is likely to be strong due to progress. The magnitude of the share price rise is likely to be more “moderate”, Chatterjee added.
In another rating on January 13, Goldman Sachs upgraded HPE from Neutral to Buy, keeping the price target at $31. Goldman believes Hewlett-Packard Enterprise will be “a story that shows me the year 2026.” The analyst firm noted that the Juniper merger secures HPE’s position as the second player in the company…