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Hewlett-Packard Stock Soars Post-Earnings Record High
HPEHPE(HPE) Schaeffers Investment Research·2024-06-05 23:13

Shares of Hewlett-Packard Enterprise Co (NYSE:HPE) are soaring to record highs, following the computer hardware name's better-than-expected fiscal second-quarter results and upbeat annual and fiscal third-quarter guidance. Artificial intelligence (AI)-optimized server demand contributed to the results, with at least 10 analysts lifting their price targets today.At last glance, HPE was up 11.9% to trade at $19.70, after earlier hitting an all-time peak of $20.43. This bull gap to all-time levels has the equi ...