Barclays Downgrades HPE to Equal Weight, Cuts Price Target to $77
Barclays lowered its price objective for HPE to $77 from $83, saying its AI story may have grown ahead of the facts.
Hewlett Packard Enterprise shares came under pressure after Barclays said the company’s AI story may have outpaced the facts. Barclays downgraded the stock to Equal Weight and lowered its price target to $77 from $83. The downgrade follows a strong run in HPE shares, which are up a…