Citigroup has maintained its “Buy” rating for Hewlett Packard (HPE) but lowered its price target from $28.00 to $26.00, a 7.14% decrease. This adjustment reflects Citigroup’s updated valuation expectations for HPE amid changing market dynamics. Despite the revised price target, the “Buy” rating indicates continued confidence in HPE’s future growth prospects.
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Citigroup Lowers Price Target for Hewlett Packard (HPE) to $26.0
Citigroup has maintained its “Buy” rating for Hewlett Packard (HPE) but lowered its price target from $28.00 to $26.00, a 7.14% decrease. This adjustment reflects Citigroup’s updated valuation expectations for HPE amid changing market dynamics. Despite the revised price target, the “Buy” rating indicates continued confidence in HPE’s future growth prospects.