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HPE -1.7% as Morgan Stanley trims target

  • HP Enterprise (NYSE:HPE) is off 1.7% this morning following a price-target trim at Morgan Stanley.
  • Analyst Kathryn Huberty lowered her target to $18, from $18.50, and maintained an Equal Weight rating.
  • That target is still on the high side among analysts, and implies 16% upside from today's newly lower price.
  • Sell-side analysts are Neutral overall on HPE, while Seeking Alpha authors are Bullish. It has a Quant Rating of Neutral.

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Hewlett Packard Enterprise Company