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HP Enterprise price target lowered to $15 from $20 at Susquehanna

Susquehanna lowered the firm’s price target on HP Enterprise (HPE) to $15 from $20 and keeps a Neutral rating on the shares. The firm said consistent with its industry view and recent checks, the 2H weighting of Blackwell AI Server shipments, combined with pricing pressure in the core traditional Server, has caused lower than consensus overall OP.

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