Reported 2 days ago
Goldman Sachs has reinstated coverage on Hewlett-Packard Enterprise Company (HPE) with a 'Neutral' rating and a price target of $22, following its acquisition of Juniper Networks. The firm believes HPE maintains a strong position in enterprise networking but faces challenges in its Server and Hybrid Cloud divisions. While optimistic about HPE's potential in the AI sector, Goldman Sachs suggests other AI stocks may offer better investment opportunities with lower risk.
Source: YAHOO