Citigroup Reinstates Neutral on Hewlett Packard, Announces $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Asiya Merchant has reinstated a Neutral rating on Hewlett Packard (NYSE:HPE) with a price target of $20.
September 23, 2024 | 9:58 pm
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Citigroup analyst Asiya Merchant has reinstated a Neutral rating on Hewlett Packard (HPE) with a price target of $20.
The Neutral rating suggests that Citigroup does not expect significant short-term price movement for HPE. The $20 price target provides a benchmark for investors, indicating that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100