Hewlett Packard Enterprise’s price target has been raised by Sanford C. Bernstein analysts from $17.00 to $19.00, indicating a potential decline of 2.49%. Other brokerage firms have also adjusted their price targets, with some giving the company a “hold” or “equal weight” rating. The stock has seen positive performance, with a rise to $19.49 during midday trading. The company’s recent earnings report showed strong performance, beating analysts’ expectations. Several institutional investors have increased their holdings in Hewlett Packard Enterprise, demonstrating confidence in the company’s future growth. The company operates in six segments and offers solutions for data management and analysis. Market analysts suggest other stocks as better buys than Hewlett Packard Enterprise, so investors may want to consider alternative options for their portfolios.
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https://www.marketbeat.com/instant-alerts/nyse-hpe-boost-price-target-2024-06-05/
