Barclays Upgrades Hewlett Packard to Overweight, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has upgraded Hewlett Packard (NYSE:HPE) from Equal-Weight to Overweight and increased the price target from $20 to $24.
September 25, 2024 | 12:42 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays has upgraded Hewlett Packard (HPE) to Overweight and increased its price target to $24, indicating a positive outlook on the stock.
The upgrade from Equal-Weight to Overweight by Barclays suggests increased confidence in HPE's performance. The raised price target from $20 to $24 indicates expectations of stock price appreciation, likely leading to positive investor sentiment and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100