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HPE

HP Enterprise

$23.74

0.4 (1.71%)

, NOK

Nokia

$4.29

0.03 (0.70%)

09:09
11/30/16
11/30
09:09
11/30/16
09:09

HP Enterprise, Nokia expand collaboration on IoT

Nokia (NOK) and Hewlett Packard Enterprise (HPE) announced a strategic collaboration on Internet of Things, or IoT, solutions for enterprise customers. The companies will jointly market and sell solutions for two IoT vertical enterprise segments including industrial/manufacturing and smart city applications. They will provide industrial/manufacturing customers with solutions for asset management, smart manufacturing, remote site automation, predictive maintenance and enhanced networking choices for improved connectivity for smart city solutions, such as smart lighting and smart buildings.

HPE

HP Enterprise

$23.74

0.4 (1.71%)

NOK

Nokia

$4.29

0.03 (0.70%)

  • 12

    Dec

  • 23

    May

HPE HP Enterprise
$23.74

0.4 (1.71%)

11/23/16
SBSH
11/23/16
NO CHANGE
Target $27
SBSH
Buy
HP Enterprise price target raised to $27 from $25 at Citi
Citi analyst Jim Suva raised his price target for HP Enterprise to $27 and keeps a Buy rating on the shares following the company's Q4 results. The stock is trading at a "big" discount to peers and its outlook is unchanged, Suva tells investors in a research note.
11/23/16
UBSW
11/23/16
NO CHANGE
Target $26
UBSW
Buy
HP Enterprise remains inexpensive, says UBS
UBS analyst Steven Milunovich said HP Enterprise shares remain inexpensive following Q4 results. The analyst cited improving growth and low valuation despite disappointing declines in servers, storage, and networking. The positives were improved margins and solid outlook. Milunovich reiterated his Buy rating and raised his price target to $26 from $24.50 on HP Enterprise shares.
11/23/16
OPCO
11/23/16
NO CHANGE
Target $25
OPCO
Outperform
Oppenheimer remains positive on HP Enterprise after results
Oppenheimer analyst Ittai Kidron notes that HP Enterprise (HPE) reported mixed results and says the macro and secular strains experienced by Cisco (CSCO) seem to have impacted the company as well. Nonetheless, the analyst believes HP Enterprise continues on its march to unlock value, and its two spin-offs remain on track. While he is positive long term and believes valuation is attractive, Kidron sees limited near-term upside given the challenges in the core EG business. The analyst reiterates an Outperform rating and $25 price target on HP Enterprise's shares.
11/23/16
BERN
11/23/16
NO CHANGE
BERN
HP Enterprise weakness creates buying opportunity, says Bernstein
After HP Enterprise reported lower than expected revenue but in-line EPS, Bernstein analyst A.M. Sacconaghi, Jr. says that the company's CSC and Enterprise Services unit continue to deliver good results. The analyst continues to believe that "the stock remains truly inexpensive," and that the weakness in the name creates a buying opportunity. Sacconaghi keeps a $24.50 price target and an Outperform rating on the shares.
NOK Nokia
$4.29

0.03 (0.70%)

10/28/16
LYON
10/28/16
DOWNGRADE
LYON
Underperform
Nokia downgraded to Underperform from Outperform at CLSA
CLSA analyst Avi Silver downgraded Nokia to Underperform and lowered its price target to $5 from $6.75 and questions its ability to drive significant margin expansion in 2017/2018.
11/15/16
BOFA
11/15/16
DOWNGRADE
BOFA
Neutral
Nokia downgraded to Neutral from Buy at BofA/Merrill
11/15/16
BMOC
11/15/16
DOWNGRADE
BMOC
Market Perform
Nokia downgraded to Market Perform from Outperform at BMO Capital
11/16/16
BMOC
11/16/16
DOWNGRADE
BMOC
Market Perform
Nokia downgraded on end market weakness at BMO Capital
As noted earlier, BMO Capital downgraded Nokia to Market Perform from Outperform. Analyst Tim Long says that the decline in the company's end market has been sharper than expected. He expects the spending of the company's core customers to "remain nearly flat through 2021. Target $4.

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