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HP Enterprise price target raised to $30 from $29 at Raymond James

Raymond James analyst Simon Leopold raised the firm’s price target on HP Enterprise (HPE) to $30 from $29 and keeps a Strong Buy rating on the shares. HP Enterprise’s Q3 report reflected a beat and mixed guidance, the analyst tells investors in a research note. While the business is tracking well, the outlook includes a 30% quarter over quarter decline from AI platforms, the firm says.

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