B of A Securities Upgrades Hewlett Packard to Buy, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Hewlett Packard (NYSE:HPE) from Neutral to Buy, raising the price target from $21 to $24.
September 17, 2024 | 11:17 am
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POSITIVE IMPACT
B of A Securities has upgraded Hewlett Packard (HPE) from Neutral to Buy, with a new price target of $24, indicating a positive outlook.
The upgrade from Neutral to Buy by a major analyst firm like B of A Securities is likely to positively influence investor sentiment and drive short-term stock price appreciation. The raised price target to $24 suggests confidence in HPE's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100