HP Enterprise Stock Is a Buy for an AI Server Boom, Says a New Bull
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Raymond James analyst Simon Leopold has upgraded Hewlett Packard Enterprise (HPE) stock to Strong Buy from Outperform, raising the price target to $29 from $23, citing a boom in AI server demand.
November 18, 2024 | 5:00 pm
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Raymond James analyst Simon Leopold upgraded HPE stock to Strong Buy from Outperform, increasing the price target to $29 due to expected growth in AI server demand.
The upgrade to Strong Buy and increased price target from a reputable analyst suggests positive sentiment and expected growth in HPE's AI server business, likely boosting investor confidence and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100