Loop Capital Maintains Hold on Hewlett Packard, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained its Hold rating on Hewlett Packard (HPE) while raising the price target from $16 to $18, indicating a positive outlook.
September 09, 2024 | 1:06 pm
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Loop Capital has maintained its Hold rating on Hewlett Packard (HPE) and raised the price target from $16 to $18, suggesting a positive outlook for the stock.
The increase in the price target from $16 to $18 by Loop Capital suggests a more optimistic view on HPE's future performance. Although the Hold rating remains, the raised target indicates potential for price appreciation, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100