Barclays Hikes HPE Price Target to $83, Sees 23% Upside
Barclays raised its price target on Hewlett Packard Enterprise (HPE) to $83 from $79, citing networking growth outlook, implying approximately 23% upside from the stock's recent record high.
Hewlett Packard Enterprise (HPE) shares rose in early trade Thursday, extending gains after reaching a record high above $67 in the prior session, after Barclays lifted its price target to $83 from $79, implying roughly 23% upside from the all-time high.