Reported 1 day ago
JPMorgan has added Hewlett Packard Enterprise (HPE) to its focus list following the completion of its acquisition of Juniper, upgrading its rating to 'Overweight' with a price target of $30 by December 2026. Analysts believe the integration of Juniper will boost HPE's networking revenues and profitability, leading to earnings projections of at least $2.70 by fiscal 2027, although investor caution remains due to execution concerns.
Source: YAHOO