Hewlett Packard Enterprise Stock (HPE): $20 Price Target From Barclays

By Amit Chowdhry ● Jan 9, 2022
  • The shares of Hewlett Packard Enterprise Co (NYSE: HPE) have received a $20 price target from Barclays. These are the details.

The shares of Hewlett Packard Enterprise Co (NYSE: HPE) have received a $20 price target from Barclays. And Barclays analyst Tim Long upgraded HP Enterprise to an “Overweight” rating from an “Equal-Weight” rating while increasing the price target from $16.

Long said he believes the company’s core server and storage market is stabilizing and moving to as-a-service while networking should see solid growth. And Long also pointed out that HP Enterprise’s valuation is the lowest in the group.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.