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The company raised its fiscal 2027 networking revenue growth forecast to high teens to low-20s percent and lifted its Juniper cost-savings target to $800 million
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.
Hewlett Packard Enterprise (HPE) announces a significant $1.2 billion server rack deal with Vultr, predicting high revenue growth in its networking segment due to surging artificial intelligence demand.