Citi resumed coverage of HP Enterprise (HPE) with a Buy rating and $25 price target The firm sees the company as well positioned for secular artificial intelligence and enterprise networking growth drivers following the acquisition of Juniper. Citi believes revenue synergies from the deal could drive shares above the target.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HPE:
- Sarepta initiated, Spotify upgraded: Wall Street’s top analyst calls
- HP Enterprise reinstated with a Neutral at Goldman Sachs
- HP Enterprise price target raised to $26 from $21 at Deutsche Bank
- UK Court finds Lynch, Hussain owe HP over $944M, Reuters says
- JPMorgan, Starbucks, HPE, Sarepta, Elevance: Trending by Analysts