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Hewlett Packard Enterprise Company (NYSE:HPE) Receives Consensus Rating of "Hold" from Analysts
Analysts have given Hewlett Packard Enterprise (NYSE:HPE) a consensus “Hold” rating, based on reports from twenty-one firms, with a 1-year average price target of $25.29. The company recently reported mixed quarterly results, beating EPS estimates ($0.62 vs $0.59) but missing revenue expectations ($9.68B vs $9.91B). Insider selling has occurred, though institutional investors hold a significant 80.78% of the company’s stock.