Hewlett Packard Enterprise shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $21 to $24.
Portfolio Pulse from Benzinga Newsdesk
Hewlett Packard Enterprise (HPE) shares rose following an upgrade by B of A Securities from Neutral to Buy, with a price target increase from $21 to $24.
September 17, 2024 | 11:40 am
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POSITIVE IMPACT
Hewlett Packard Enterprise's stock received a boost after B of A Securities upgraded it from Neutral to Buy, increasing the price target from $21 to $24.
The upgrade from Neutral to Buy by a major financial institution like B of A Securities is a strong positive signal for investors, likely leading to increased buying interest and a short-term price increase. The raised price target further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100