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ANALYST RATINGS

Evercore ISI Raises HP Enterprise Target on H3C Sale

Evercore ISI raised HP Enterprise price target to $40 after H3C stake sale for $986.8 million. HPE stock near 52-week high.

Isabella Martinez
ByIsabella Martinez- Senior Editor
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Evercore ISI Raises HP Enterprise Target on H3C Sale
Photo: Prepared by Bond.az

Evercore ISI raised its price target on HP Enterprise stock (NYSE:HPE) to $40 from $30, maintaining an Outperform rating.

The stock trades at $33.62, near its 52-week high. HPE has delivered an 84% return over the past year. Market cap stands at $44.6 billion.

HP Enterprise closed the partial sale of its H3C stake for $986.8 million. The remaining 5.2% stake is expected to sell to Unisplendour in H1 2026.

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