By Trader Edge
Publication Date: 2026-04-17 16:28:00
TLDR
- HPE shares hit an all-time high of $26.45, then cooled to $25.52, up 3.6% on the day.
- Goldman Sachs raised its price target to $30 from $29, reiterating a “Buy” rating.
- HPE is up 5.6% so far this year and 75% over the past year.
- Raymond James downgraded HPE from Strong Buy to Outperform, setting a $29 price target.
- Evercore ISI raised its price target to $30, citing resilient demand for CPU-driven servers.
Hewlett Packard Enterprise (HPE) hit an all-time high of $26.45 on Friday before retreating to $25.52, still up 3.6% on the day.
Hewlett Packard Enterprise Company, HPE
The move came after Goldman Sachs raised its price target on HPE to $30 from $29, while maintaining its “Buy” rating.
That vote of confidence gave shares a boost in afternoon trading, although gains partially narrowed as the session progressed.
Data from FactSet shows that analysts have an average “overweight” rating on HPE, with an average price target of $26.53, meaning…
