When it comes to the Analysis of a Stock, Price Target plays a vital role. They issued a “market perform” rating and a $22.07 target price on the stock. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new stake in Hewlett Packard Enterprise during the second quarter valued at approximately $100,000. They now have a Dollars 24.25 price target on the stock. (NYSE:PES) is $3.96 while analysts mean recommendation is 2.60. They now have a Dollars 22 price target on the stock. Wells Fargo & Co. reissued a “buy” rating on shares of Hewlett Packard Enterprise in a research note on Monday, May 23rd.
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07/14/2016 – Hewlett Packard Enterprise Co had its “outperform” rating reiterated by analysts at Oppenheimer. The consensus rating is 2.3, suggesting the market has given up on the stock. Hewlett Packard Enterprise Co was Upgraded by Citigroup to ” Buy” on Jul 25, 2016. Past 5 years growth of Hewlett Packard Enterprise Co (NYSE:HPE) observed at 2.27%. “Companies are always evaluating their options, even if it’s to gauge the value of a business whose value isn’t indicative in the public stock price”, he added. CWM LLC raised its stake in Hewlett Packard Enterprise by 43.4% in the second quarter. They now have a Dollars 21 price target on the stock. That puts the market capitalization at $24.36 bln. They now have a United States dollars 24 price target on the stock. Hewlett Packard Enterprise offers its services to various enterprises and governments. It touched its peak point at $22.34 and its lowest price point stood at $21.89 in last session after starting the trading at $.
HPE is aiming at a price of between $8 billion and $10 billion for the software unit, reported The Wall Street Journal, quoting a person familiar with the situation. (NASDAQ:BRCD) ended Tuesday session at $9.01 with 3.98 million shares getting traded. The stock has a 50 day moving average of $21.22 and a 200-day moving average of $18.07.
Hewlett Packard Enterprise Company’s 52-week high is now at -2.06% and the 52-weel low is at 89.28%.
Raymond James is a brokerage house chasing shares of Hewlett Packard Enterprise Company (HPE), so its rating change is noteworthy.
A report from Reuters said HPE was in talks to sell its software business to Thoma Bravo, a buyout firm known for acquiring enterprise-software companies such as Compuware and Dynatrace. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT).
HPE would neither confirm nor deny that it is shopping around its software business. That company took on responsibility for Hewlett-Packard’s personal computer and printing businesses.
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