Story preview
Topics in this story
Continue reading on the publisher site for the full article.
Read on publisher →Investing.com Canada
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Context from Wikipedia on the organisations, people and places in this story.
American information technology company
The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas. It is a business-focused organization which works in servers, storage, networking, AI, containerization software and consulting and support. HPE was ranked No. 107 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
More on Wikipedia ↗
American multinational banking and financial services company
Wells Fargo & Company is an American multinational financial services company. The company operates in 35 countries and serves more than 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup.
More on Wikipedia ↗Outlets covering it
13
in the last 3 days
First reported
3 days ago
12 outlets since
Countries
12 other outlets reported this story in the last 3 days.
Citi, Barclays, and Wells Fargo all lifted their HPE price targets after Networking Investor Day, yet the three firms land in very different places on whether the stock's explosive run has already consumed the upside.
Wells Fargo & Company lifted their target price on Hewlett Packard Enterprise from $54.00 to $63.00 and gave the company an "equal weight" rating in a report on Thursday.
Hewlett Packard Enterprise's investor day this week was a resounding success as far as Wall Street is concerned. That much is evident by the stats on the company's stock this week.