What Analysts Are Saying About Hewlett Packard Stock
Portfolio Pulse from Benzinga Insights
In the last three months, 9 analysts have rated Hewlett Packard (NYSE:HPE) with a range of perspectives. The average 12-month price target is $20.89, reflecting a 5.99% increase from the previous target. Analysts have varied ratings from 'Neutral' to 'Buy', with price targets ranging from $18.00 to $24.00. HPE has shown a positive revenue trend with a 10.11% growth rate, but faces challenges with a low ROE of 2.34%.
October 11, 2024 | 8:01 pm
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Hewlett Packard (NYSE:HPE) has received mixed analyst ratings with an average price target increase to $20.89. The company shows positive revenue growth but faces challenges with low ROE.
The increase in the average price target suggests a positive outlook from analysts, which could lead to a short-term price increase. The positive revenue growth supports this, although the low ROE indicates some underlying challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100