Morgan Stanley raised its price target for Hewlett Packard Enterprise (HPE) to $33.00 from $25.00. The investment bank maintained its equal weight rating on the stock.
HPE recently reported quarterly earnings of $0.65 per share, exceeding analyst expectations. The company's revenue increased 18.4% year-over-year.
Truist and Citigroup also recently issued bullish views on the company. The consensus rating for HPE remains a Moderate Buy.