BofA analyst Wamsi Mohan raised the firm’s price target on HP Enterprise (HPE) to $32 from $29 and keeps a Buy rating on the shares. Despite raising prices multiple times in calendar Q4 in response to component cost increases, demand has remained strong, the analyst tells investors following the company’s fiscal Q1 report. With FY26 guidance raised, the firm increased its own FY26 revenue and EPS forecasts to $41.2B and $2.49, respectively, and rolls forward to a calendar 2027 valuation.
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