Price Change to Note: What’s Hewlett Packard Enterprise Co Upside After Today’s Significant Increase?

Price Change to Note: What's Hewlett Packard Enterprise Co Upside After Today's Significant Increase?

The stock of Hewlett Packard Enterprise Co (NYSE:HPE) is a huge mover today! About 4.11M shares traded hands. Hewlett Packard Enterprise Co (NYSE:HPE) has risen 30.12% since April 11, 2016 and is uptrending. It has outperformed by 23.97% the S&P500.
The move comes after 6 months positive chart setup for the $38.48B company. It was reported on Nov, 11 by We have $33.03 PT which if reached, will make NYSE:HPE worth $16.16 billion more.

Hewlett Packard Enterprise Co (NYSE:HPE) Ratings Coverage

Out of 23 analysts covering Hewlett Packard Enterprise (NYSE:HPE), 8 rate it a “Buy”, 3 “Sell”, while 12 “Hold”. This means 35% are positive. Hewlett Packard Enterprise has been the topic of 26 analyst reports since November 3, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Wednesday, November 4 by UBS. BMO Capital Markets initiated Hewlett Packard Enterprise Co (NYSE:HPE) on Friday, December 11 with “Outperform” rating. The firm has “Market Perform” rating given on Monday, November 9 by BMO Capital Markets. The rating was initiated by Macquarie Research with “Neutral” on Monday, February 22. The firm earned “Buy” rating on Friday, November 6 by Deutsche Bank. Robert W. Baird initiated Hewlett Packard Enterprise Co (NYSE:HPE) on Friday, November 20 with “Neutral” rating. Bernstein initiated Hewlett Packard Enterprise Co (NYSE:HPE) rating on Tuesday, November 3. Bernstein has “Market Perform” rating and $16 price target. The firm has “Neutral” rating by Mizuho given on Wednesday, May 25. The stock of Hewlett Packard Enterprise Co (NYSE:HPE) earned “Outperform” rating by FBN Securities on Wednesday, November 25. The company was maintained on Monday, November 23 by RBC Capital Markets.

According to Zacks Investment Research, “Hewlett Packard Enterprise Company was spun-off from the Hewlett-Packard Company in November 2015. The company operates in four segments: Enterprise Services, Enterprise Group, Software and Financial Services. The Enterprise Group is the company’s largest revenue contributor, accounting for more than half of total revenues. This segment offers servers, management software, converged infrastructure solutions and technology services; hybrid cloud solutions, business critical systems and storage products. The Software segment offers software to capture, store, explore, analyze, protect and share information and insights within and outside organizations; enterprise security, application delivery management, IT operations management software products. The Enterprise Services segment offers consulting, outsourcing and support services across infrastructure, applications and business process domains; application and business services. The company is headquartered in Palo Alto, California.”

More notable recent Hewlett Packard Enterprise Co (NYSE:HPE) news were published by: which released: “Hewlett Packard Enterprise Co (HPE) Stock Is a Long-Term Survivor” on November 10, 2016, also with their article: “3 Reasons Hewlett-Packard Enterprise Co. Stock Is Still Cheap” published on November 04, 2016, published: “Better Buy: Hewlett Packard Enterprise Co. vs. Cisco Systems Inc.” on October 25, 2016. More interesting news about Hewlett Packard Enterprise Co (NYSE:HPE) were released by: and their article: “What Should Hewlett Packard Enterprise Co Do With Its Growing Cash Hoard?” published on October 17, 2016 as well as‘s news article titled: “Hewlett Packard Enterprise Reaches Analyst Target Price” with publication date: October 20, 2016.

HPE Company Profile

Hewlett Packard Enterprise Company, incorporated on February 25, 2015, is a well-known provider of technology solutions. The Firm operates through five divisions: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its clients with the technology infrastructure they need to optimize traditional information technology (IT). The Software segment allows its clients to automate IT activities to simplify, accelerate and secure business processes and drives the analytics that turn raw data into actionable knowledge. The Enterprise Services segment brings all of its solutions together through its consulting and support professionals. The Financial Services segment enables flexible IT consumption models, financial architectures and customized investment solutions for its customers. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects, among others. The Company’s clients range from small and medium-sized businesses (SMBs) to large global enterprises.

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