What's Going On With Hewlett Packard Enterprise Shares Friday?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 11 2024
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Source: Benzinga
Hewlett Packard Enterprise Developments: HPE shares are rising following the introduction of a 100% fanless direct liquid cooling system, which promises significant energy and cost efficiencies for AI deployments. The company also launched the HPE ProLiant Compute XD685 optimized for AI model training.
Analyst Outlook: BofA Securities maintains a Buy rating on HPE with a price target of $24.00, highlighting the company's strong engineering legacy in supercomputing and potential benefits from increasing adoption of liquid cooling in data centers.
Analyst Views on FCFY
Wall Street analysts forecast FCFY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCFY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 27.765
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Current: 27.765
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








