Susquehanna analyst Mehdi Hosseini raised the firm’s price target on HP Enterprise to $16 from $15 and keeps a Neutral rating on the shares. The analyst said although its better than expected report/guide bucks the trend, he simply views this outperformance as a catch up as they had missed expectations in the prior quarters.
Published first on TheFly
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Read More on HPE:
- Deal Brewing Between HPE and NTNX; To Fortify Cloud Offerings
- HP Enterprise price target raised to $13 from $12 at Morgan Stanley
- HP Enterprise price target raised to $13 from $11.50 at Citi
- HP Enterprise price target raised to $18 from $17 at Barclays
- HP Enterprise backs FY23 EPS view $1.96-$2.04, consensus $2.03
