Oppenheimer Maintains Hewlett Packard Enterprise Co to Outperform with Price Target $25.00

Brokerage firm Oppenheimer Maintains its rating on Hewlett Packard Enterprise Co(NYSE:HPE). In a research note issued to the investors, the brokerage major Raises the price-target to $25.00 per share. The shares have been rated Outperform. The rating by Oppenheimer was issued on Jul 14, 2016.

Hewlett Packard Enterprise Co(HPE) last announced its earnings results on May 24, 2016 for Fiscal Year 2016 and Q2.Earnings per share were $0.42.

Several Insider Transactions has been reported to the SEC. On Jun 22, 2016, Jeff T Ricci (SVP, Controller & PAO) sold 5,830 shares at $19.23 per share price.Also, On Jun 6, 2016, Robert Youngjohns (EVP and GM, HP Software) sold 34,711 shares at $18.46 per share price.On May 31, 2016, Kirt P Karros (SVP, Finance & Treasurer) sold 15,280 shares at $17.42 per share price, according to the Form-4 filing with the securities and exchange commission.

Hewlett Packard Enterprise Company (Hewlett Packard Enterprise) is engaged in offering information technology (IT) and enterprise services solutions. The Company focuses on technology solutions which enables the customers to build cloud-enabled mobile-ready solutions that is suited to their needs. The Company’s portfolio includes enterprise services software and financial services businesses. Hewlett Packard Enterprise offers its services to various enterprises and governments.

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