Hewlett Packard Analyst Ratings and Price Targets

Hewlett Packard (HPE) has received a mix of bullish and bearish ratings from 16 analysts in the past three months. The average 12-month price target is $24.06, with a high estimate of $30.00 and a low estimate of $18.00. Analysts have raised their ratings and price targets for HPE, with some upgrading their recommendations to overweight or buy.

Hewlett Packard Enterprise (HPE) has seen a mix of bullish and bearish ratings from analysts in the past three months. The average 12-month price target is $24.06, with a high estimate of $30.00 and a low estimate of $18.00. Analysts have raised their ratings and price targets for HPE, with some upgrading their recommendations to overweight or buy [1].

Based on data from MarketBeat, out of the 16 analysts who have issued ratings for HPE in the last 12 months, 10 have given a strong buy or buy rating, while the remaining 6 have a hold rating. The consensus rating for HPE is "Hold," suggesting that while the stock may not be a strong buy, it is also not expected to decline significantly [1].

Morgan Stanley has taken a particularly bullish stance on HPE, upgrading the stock to overweight and raising its price target to $28 from $22. The investment bank cited the potential growth in AI and networking sectors following HPE's acquisition of Juniper Networks as the primary reason for the upgrade [2]. This acquisition is expected to significantly boost HPE's presence in the networking sector and increase its exposure to AI technologies, positioning the company well for future growth.

However, not all analysts are optimistic about HPE's prospects. Some analysts have raised concerns about the company's financial health, with one analyst issuing a sell rating due to the company's negative return on equity and missed earnings per share estimates [1]. Additionally, HPE's stock has shown high volatility in recent months, with 21 moves greater than 5% over the last year [3].

Despite the mixed sentiment, HPE's stock has seen significant price movements in response to analyst upgrades and earnings reports. For example, shares jumped 4.1% in the morning session after Morgan Stanley upgraded the stock's rating and raised its price target [3]. This suggests that while there are risks associated with investing in HPE, there are also potential rewards for investors who are willing to take on higher risk.

In conclusion, Hewlett Packard Enterprise has received a mix of bullish and bearish ratings from analysts in the past three months. The average 12-month price target is $24.06, with a high estimate of $30.00 and a low estimate of $18.00. While some analysts have raised their ratings and price targets for HPE, others have expressed concerns about the company's financial health and high stock volatility. Investors should carefully consider these factors before making investment decisions.

References:
[1] https://www.marketbeat.com/stocks/NYSE/HPQ/forecast/
[2] https://theoutpost.ai/news-story/morgan-stanley-upgrades-hewlett-packard-enterprise-on-ai-and-networking-potential-19381/
[3] https://finance.yahoo.com/news/hewlett-packard-enterprise-hpe-stock-151604967.html