Oppenheimer Initiates Coverage on Hewlett Packard Enterprise Co to Outperform

Oppenheimer Initiates Coverage on Hewlett Packard Enterprise Co(NYSE:HPE). The shares have been rated Outperform. The rating by Oppenheimer was issued on Apr 14, 2016.

In a different note, On Mar 21, 2016, Macquarie said it Upgrades its rating on Hewlett Packard Enterprise Co. In the research note, the firm Raises the price-target to $15.00 per share. The shares have been rated ‘Outperform’ by the firm. On Mar 4, 2016, Bernstein said it Upgrades its rating on Hewlett Packard Enterprise Co. The shares have been rated ‘Outperform’ by the firm. On Mar 4, 2016, Morgan Stanley said it Maintains its rating on Hewlett Packard Enterprise Co. In the research note, the firm Raises the price-target to $15.00 per share. The shares have been rated ‘Equal-weight’ by the firm. Macquarie said it Initiates Coverage on Hewlett Packard Enterprise Co, according to a research note issued on Feb 22, 2016. The shares have been rated ‘Neutral’ by the firm.

Hewlett Packard Enterprise Co(HPE) last announced its earnings results on Mar 3, 2016 for Fiscal Year 2016 and Q1.Earnings per share were $0.41.

Several Insider Transactions has been reported to the SEC. On Mar 9, 2016, Jeff T Ricci (SVP, Controller & PAO) sold 3,744 shares at $15.07 per share price.Also, On Dec 3, 2015, Antonio F Neri (EVP and GM EG) sold 20,919 shares at $14.90 per share price.On Dec 2, 2015, Michael J Angelakis (director) purchased 34,000 shares at $14.76 per share price, according to the Form-4 filing with the securities and exchange commission.

Hewlett Packard Enterprise Company (Hewlett Packard Enterprise) is engaged in offering information technology (IT) and enterprise services solutions. The Company focuses on technology solutions which enables the customers to build cloud-enabled mobile-ready solutions that is suited to their needs. The Company’s portfolio includes enterprise services software and financial services businesses. Hewlett Packard Enterprise offers its services to various enterprises and governments.

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