Information Provided By:
Fly News Breaks for May 24, 2019
HPE
May 24, 2019 | 07:31 EDT
Nomura Instinet analyst Jeffrey Kvaal lowered his price target for HP Enterprise to $17 from $20 following last night's fiscal Q2 results. A "weakening spending picture" that revealed some gaps in sales coverage has pushed a return to sales growth into fiscal 2020, Kvaal tells investors in a post-earnings research note. However, rising gross margins insulate HP's earnings and boost free cash flow, adds the analyst. He keeps a Neutral rating on the shares.
News For HPE From the Last 2 Days
There are no results for your query HPE
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.