HP Enterprise price target raised to $23 from $20 at BofA

BofA analyst Wamsi Mohan raised the firm’s price target on HP Enterprise (HPE) to $23 from $20 and keeps a Buy rating on the shares. HP Enterprise reached a settlement with the Justice Department, avoiding the scheduled July 9 trial, which is subject to final judge approval, the analyst tells investors in a research note. HP Enterprise’s concessions include divesting Aruba Instant On and auctioning two licenses to Juniper’s (JNPR) AIOps source code, the firm says.