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Fly News Breaks for October 25, 2018
HPE
Oct 25, 2018 | 06:52 EDT
Loop Capital analyst Ananda Baruah kept his Buy rating and $23 price target on HP Enterprise after its Analyst Day presentation. The analyst believes that the management's guidance for 2019 was "conservative" and also points to its expectations of "robust demand with no impact from macro concerns". Baruah further cites the company's view that tariff concerns are immaterial for its business, calling the stock an "enterprise beacon in a sea of concern".
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HPE
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