Hewlett Packard Enterprise (HPE) Receives a Rating Update from a Top Analyst

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Wells Fargo analyst Aaron Rakers maintained a Hold rating on Hewlett Packard Enterprise (HPE) with a $26.00 price target. This follows mixed analyst opinions, including another Hold from Morgan Stanley and a Buy from J.P. Morgan, issued around the same time. The company’s recent earnings showed $9.7 billion in quarterly revenue and a $175 million net profit, while corporate insider sentiment for HPE is negative, with increased selling activity.

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