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Stock impact report

HPE Provides Upside '21 Outlook - What Wall Street Is Saying [TheStreet.com]

Hewlett Packard Enterprise Company (HPE) 
Last hewlett packard enterprise company earnings: 3/3 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.hpe.com
Company Research Source: TheStreet.com
Hewlett Packard Enterprise(HPEGet ReportThe San Jose, Calif., company expects adjusted earnings to climb to between $1.56 and $1.76 a share, up 10% at the midpoint. Analysts surveyed by FactSet are expecting earnings of $1.50 per share for the fiscal year."While the global pandemic is unlike any crisis we have ever faced, it has served as a catalyst, making digital transformation a strategic imperative for enterprises," HPE Chief Executive Antonio Neri said.At last check HPE shares were off 1.5% at $9.74.Here is what Wall Street is saying.Analysts at Morgan Stanley affirmed their equal-weight rating on HPE while raising their price target to $12 a share from $11. The company's plan to stabilize its core compute and storage business "now appears more reasonable," the investment bank said, according to Bloomberg.While demand recovery is a positive sign, the firm also said that "sustainable long-term growth remains a show-me story."Citi also left its sell rating unchanged with a $9 price Show less Read more
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