Wall Street Zen Downgrades Hewlett Packard Enterprise (NYSE:HPE) to Hold

Wall Street Zen downgraded Hewlett Packard Enterprise (NYSE:HPE) from a “buy” to a “hold” rating following the company’s latest earnings report, despite HPE beating EPS estimates. The consensus analyst rating for HPE remains a “Moderate Buy” with an average price target of $26.71, though some firms like Bank of America and Goldman Sachs maintain higher targets. Recent insider selling activity has also been noted, with several executives selling shares of the stock.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments