Hewlett Packard Enterprise (NYSE:HPE) Receives a Downgrade
In an analyst report revealed on Today, stock analysts at the BidaskScore equities research division lowered the stock rating for Hewlett Packard Enterprise (NYSE:HPE) shares to a “Hold”.
It closed at $16.38 lastly. It is up 2.46% since March 3, 2018 and is uptrending. It has outperformed by 2.46% the S&P500.
Hewlett Packard Enterprise Company provides technology solutions to business and public sector enterprises. The company has market cap of $22.56 billion. It operates through Enterprise Group, Software, Enterprise Services, and Financial Services divisions. It has a 37.57 P/E ratio. The Enterprise Group segment offers industry standard servers and mission-critical servers to address the array of its customers’ computing needs; converged storage solutions, including 3PAR StoreServ, StoreOnce, all-flash arrays, and software defined and StoreVirtual products; wireless local area network equipment, mobility and security software, switches, routers, and network management products; and support and technology consulting services.
More notable recent Hewlett Packard Enterprise Company (NYSE:HPE) news were published by: Seekingalpha.com which released: “HP Enterprise makes Davis permanent chief of Hybrid IT – Seeking Alpha” on July 24, 2018, also Seekingalpha.com with their article: “Hewlett Packard Enterprise: 3.3% Yield At 52-Week Lows – Seeking Alpha” published on December 20, 2018, Seekingalpha.com published: “Hewlett Packard Enterprise: Good Quarter. Was The Selloff Justified? – Seeking Alpha” on May 24, 2018. More interesting news about Hewlett Packard Enterprise Company (NYSE:HPE) were released by: Seekingalpha.com and their article: “HPE: Intelligent Edge Is The Future – Seeking Alpha” published on December 17, 2018 as well as 247Wallst.com‘s news article titled: “CVS, HPE, Walmart and Other Big Earnings to Watch For This Week – 24/7 Wall St.” with publication date: February 17, 2019.
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