Argus raised the firm’s price target on HP Enterprise (HPE) to $30 from $25 and keeps a Buy rating on the shares. The company had missed consensus revenue expectations for Q4 as server sales unexpectedly declined, but the firm believes this business will accelerate in FY26, the analyst tells investors in a research note. HP Enterprise trades at inexpensive current valuations, which do not reflect the potential for top- and bottom-line prospects given the many ways in which the company can participate in the AI market, the firm added.
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