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Stock impact report

Why Hewlett Packard Enterprise (HPE) Remains an AI Stock to Watch Under $50 [Yahoo! Finance]

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: Yahoo! Finance
The company completed its acquisition of Juniper Networks, divested its Telco-Solutions unit, and confirmed plans to sell its remaining 19% H3C stake for an estimated US$1.40 billion. The acquisition of Juniper Networks, Inc., a leader in AI-native networks, was completed in July; positioning HPE to capitalize on the growing AI and hybrid cloud landscape by creating an industry-leading cloud-native and AI-driven IT portfolio. The transaction also doubles the size of HPE's networking business, offering customers with a comprehensive portfolio of networking solutions. On December 19, Bernstein SocGen Group maintained its “Market Perform” rating on the stock with a $24.00 price target. Earlier, on December 15, Wells Fargo analyst Aaron Rakers maintained a Hold rating on Hewlett Packard Enterprise today and set a price target of $26.00. Analysts on Wall Street have a consensus “Buy” rating on the stock. The average price target of $26.00 implies a 7.04% upside; however, the Street Show less Read more
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