Barclays analyst Tim Long raised the firm’s price target on HP Enterprise to $18 from $17 and keeps an Overweight rating on the shares. The company beat in fiscal Q4 on the top and bottom line while guiding Q1 above estimates, Long tells investors in a research note. He views HP Enterprise’s fiscal 2023 guide as conservative.
Published first on TheFly
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- Deal Brewing Between HPE and NTNX; Cloud to Benefit
- HP Enterprise backs FY23 EPS view $1.96-$2.04, consensus $2.03
- HP Enterprise sees Q1 adjusted EPS 50c-58c, consensus 49c
- HP Enterprise reports Q4 adjusted EPS 57c, consensus 56c
- Hewlett Packard Enterprise options imply 4.9% move in share price post-earnings
