Barclays analyst Tim Long lowered the firm’s price target on HP Enterprise to $14 from $15 and keeps an Equal Weight rating on the shares. The company reported fiscal Q1 revenue below guidance and adjusted its fiscal 2024 earnings guidance to encompass the low end of its initial expectation, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on HPE:
- HPE Earnings: Hewlett Packard Down on Mixed Q1 Results
- Hewlett Packard Enterprise Announces Quarterly Dividend and Future Outlook
- Options Volatility and Implied Earnings Moves Today, February 29, 2024
- UBS hardware/networking analyst holds an analyst/industry conference call
- HPE Upcoming Earnings Report: What to Expect?
