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HP Enterprise price target raised to $26 from $22 at Wells Fargo

Wells Fargo raised the firm’s price target on HP Enterprise (HPE) to $26 from $22 and keeps an Equal Weight rating on the shares. The firm thinks HP Enterprise delivered net positive results and guide. Wells stays on the sidelines as it continues to see Juniper strategy execution and AI server profitability risk. Focus moves to 10/15 Analyst Day.

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