Where Hewlett Packard Stands With Analysts
Portfolio Pulse from Benzinga Insights
Hewlett Packard (NYSE:HPE) has received mixed analyst ratings in the last quarter with 1 somewhat bullish, 2 indifferent, and 1 somewhat bearish rating. The average price target among these analysts is $16.75, which is slightly below the current price of $16.81, suggesting a marginal downside. The average price target has seen a minor increase from the previous target of $16.67.
November 30, 2023 | 6:00 pm
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Hewlett Packard has a current average analyst price target of $16.75, which is marginally lower than its current price, indicating a slight downside according to analysts.
The average price target being slightly below the current stock price suggests a marginal downside potential. However, the mixed ratings with no strong bullish or bearish consensus and the minor increase in the average price target indicate that the impact on the stock price may be limited in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100