BofA lowered the firm’s price target on HP Enterprise to $21 from $24 and keeps a Neutral rating on the shares. The firm’s FY24 revenue and EPS estimates move to $29.8B and $1.92, from $29.7B and $1.90, respectively, following the company’s fiscal Q3 report. BofA sees the positives balancing the negatives, the analyst added in a post-earnings note.
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