Hewlett Packard Enterprise Surges After Earnings Beat, Loop Capital Upgrades to Buy
Hewlett Packard Enterprise (HPE) shares surged nearly 28% pre-market after the company reported a significant earnings beat driven by strong AI server demand. Loop Capital upgraded HPE from Hold to Buy and raised its price target to $75, implying over 60% upside.
Tickers: $HPE
Topics: AI adoption server sales stock upgrade