Barclays Maintains Equal-Weight on Hewlett Packard, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Equal-Weight rating on Hewlett Packard (HPE) but has lowered the price target from $15 to $14.
March 01, 2024 | 11:19 am
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Barclays has maintained an Equal-Weight rating on Hewlett Packard (HPE) and lowered the price target from $15 to $14.
The reduction in price target by Barclays, a major financial institution, suggests a less optimistic outlook on HPE's stock performance in the short term. This could lead to negative sentiment among investors, potentially causing a decrease in stock price.
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