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Benzinga

Business

Priya Nigam

HPE Just Dodged A DOJ Roadblock, Now It's All-In On Juniper And AI

HPE DOJ Hewlett Packard Enterprise Juniper Networks Wamsi Mohan BofA Securities the Department of Justice

Close,Up,Of,Hewlett,Packard,Enterprise,Logo,And,Sign,On

Hewlett Packard Enterprise Co (NYSE:HPE) has reached a settlement with the Department of Justice around the acquisition of Juniper Networks Inc (NYSE:JNPR) and is likely to focus on getting "the deal done as quickly as possible," according to BofA Securities.

The Hewlett Packard Enterprise Analyst: Analyst Wamsi Mohan maintained a Buy rating, while raising the price target from $20 to $23.

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