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Barchart
Barchart
Sushree Mohanty

HPE Stock Has Nearly Tripled. Here’s Why Wall Street Expects It to Reach $92.

HPE Nvidia AMD Juniper Citi

Hewlett Packard Enterprise (HPE) was once the kind of legacy tech company investors bought for stability, not excitement. But that has changed fast. This old-school server and enterprise infrastructure business has transformed into a broader bet on AI infrastructure, with networking, AI servers, and rack-scale systems now driving growth.

HPE stock has performed dramatically this year, rising 200% year-to-date (YTD) as investors have started to see HPE differently now. Nonetheless, analysts believe there is still much more upside, with Citi, Barclays, and Wells Fargo raising the price target.

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