Hewlett Packard Enterprise Co (HPE) is Reiterated by Mizuho to Neutral, Raises Price Target to $ 22

Hewlett Packard Enterprise Co (HPE) was Reiterated by Mizuho to “Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 22 from a previous price target of $20 . Mizuho advised their investors in a research report released on Nov 23, 2016.

Many Wall Street Analysts have commented on Hewlett Packard Enterprise Co. Hewlett Packard Enterprise Co was Upgraded by Raymond James to ” Outperform” on Nov 18, 2016. Company shares were Reiterated by Needham on Oct 19, 2016 to “Buy”, Firm has raised the Price Target to $ 26 from a previous price target of $24 .CLSA Initiated Hewlett Packard Enterprise Co on Oct 14, 2016 to “Underperform”, Price Target of the shares are set at $24.

On the company’s financial health, Hewlett Packard Enterprise Co reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Nov 22, 2016. Analyst had a consensus of $0.60. The company had revenue of $12478.00 million for the quarter, compared to analysts expectations of $12828.99 million. The company’s revenue was down -7.2 % compared to the same quarter last year.

Investors should note that on Nov 10, 2016, Hewlett Packard Enterprise Co announced a cash dividend of $0.0650. The company’s management has announced Dec 12, 2016 as the ex-dividend date and fixed the record date on Dec 14, 2016. The payable date has been fixed on Jan 4, 2017.

In a different news, on Nov 22, 2016, John F Schultz (EVP, GC & SEC) sold 12,555 shares at $23.46 per share price. According to the SEC, on Nov 22, 2016, Christopher P Hsu (EVP, GM Software, COO) sold 4,780 shares at $23.12 per share price. On Nov 14, 2016, Jeff T Ricci (SVP, Controller & PAO) sold 8,974 shares at $22.64 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.

Hewlett Packard Enterprise Co

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