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Hewlett Packard Enterprise (NYSE:HPE) had its price target raised by investment analysts at Morgan Stanley from $15.50 to $17.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has an “equal weight” rating on the technology company’s stock. Morgan Stanley’s target price suggests a potential upside of 8.49% from the company’s current price.

Several other research analysts have also recently issued reports on HPE. JPMorgan Chase & Co. lifted their target price on Hewlett Packard Enterprise from $17.00 to $18.00 and gave the company an “overweight” rating in a research report on Friday, March 26th. Zacks Investment Research raised Hewlett Packard Enterprise from a “strong sell” rating to a “hold” rating and set a $13.00 target price on the stock in a research report on Tuesday, February 2nd. Raymond James lifted their target price on Hewlett Packard Enterprise from $14.00 to $16.00 and gave the company an “outperform” rating in a research report on Tuesday, March 9th. Credit Suisse Group lifted their target price on Hewlett Packard Enterprise from $11.00 to $12.00 and gave the company an “underperform” rating in a research report on Tuesday, March 9th. Finally, Daiwa Capital Markets raised Hewlett Packard Enterprise from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $12.00 to $17.00 in a research report on Wednesday, March 10th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $12.84.

Read more here:

https://www.marketbeat.com/instant-alerts/nyse-hpe-a-buy-or-sell-right-now-2021-04-2-3/

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