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,afterearlierhittinganalltimepeakof19.70, after earlier hitting an all-time peak of 20.43. This bull gap to all-time levels has the equ ...