Loop Capital analyst Ananda Baruah kept his Buy rating and $23 price target on HP Enterprise after meeting with its Investor Relations director yesterday, saying the discussions suggested that the company is "very confident regarding current demand trends". The analyst also notes that HP Enterprise believes it is well positioned to absorb the current China tariffs and possibly offset the 25% rate of tariff if that comes to pass. Baruah adds that his bullish thesis on the stock may prove "conservative" if the "next-generation applications and Edge computing manifest".