HP Enterprise faces tariff impacts, competitive pressures, and AI inventory challenges, prompting lowered earnings guidance.
Hewlett Packard Enterprise said on Thursday it would lay off 5% of its workforce, or over 2,500 employees globally.
Susquehanna lowered the firm’s price target on HP Enterprise (HPE) to $15 from $20 and keeps a Neutral rating on the shares. The firm said ...
Chief Financial Officer Marie Myers said the outlook reflects the latest tariffs on goods from China, Canada and Mexico.
Barclays lowered the firm’s price target on HP Enterprise (HPE) to $20 from $27 and keeps an Overweight rating on the shares. The firm says ...
But HP warned that firms must wait until other software vendors update their licence charges before they can get the full benefit of server virtualisation. HP has announced a new licensing scheme ...
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