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Vetr Inc. announced Hewlett Packard Enterprise Co (NYSE:HPE), bumping up its stock price target to $24.02 today

Hewlett Packard Enterprise Co (NYSE:HPE) had its estimated target price raised to $24 by Vetr Inc. in an issued report released Wednesday August 17 2016. The updated target price implies a possible upside of 0.10% from the company’s most recent stock close price.

Yesterday Hewlett Packard Enterprise Co (NYSE:HPE) traded 0.59% higher at $21.93. Hewlett Packard Enterprise Co’s 50-day moving average is $21.68 and its 200-day moving average is $18.66. With the last stock price up 19.29% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. 16,349,085 shares of Hewlett Packard Enterprise Co traded hands, up from ann average trading volume of 10,641,500.

Performance Graph:

Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co has a price-earnings of 9 with a 52 week low of $11.62 and a one-year high of $22.32. Hewlett Packard Enterprise Co’s market capitalization is presently $0.0.

A total of 23 firms have released a ratings update on the company. Zero rate the stock a strong buy, 0 rate the stock a buy, 0 firms rate the stock a hold, 0 rate the stock to underperform, and finally 0 firmsrate the company as sell with a consensus target stock price of $20.11

Brief Synopsis On Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT). The Software segment allows its customers to automate IT operations to simplify, accelerate and secure business processes and drives the analytics that turn raw data into actionable knowledge. The Enterprise Services segment brings all of its solutions together through its consulting and support professionals. The Financial Services segment enables flexible IT consumption models, financial architectures and customized investment solutions for its customers. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects, and among others.

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