Stifel Nicolaus Lowers Hewlett Packard Enterprise (NYSE:HPE) Price Target to $18.00

Stifel Nicolaus has lowered its price target for Hewlett Packard Enterprise (NYSE: HPE) from $25.00 to $18.00. This means that the investment firm now believes that the stock is undervalued and could potentially reach a higher price in the future.

Hewlett Packard Enterprise is a technology company that provides hardware, software, and services for businesses of all sizes. The company was spun off from Hewlett-Packard in 2015 and has since been focused on growing its enterprise business.

Stifel Nicolaus is a financial services firm that provides investment banking, wealth management, and capital markets services to clients around the world. The firm has a long history of providing research and analysis on technology companies, including Hewlett Packard Enterprise.

It's worth noting that price targets are not guarantees and can be subject to change based on market conditions and other factors. Additionally, it's important for investors to do their own research and consider seeking advice from a financial advisor before making any investment decisions.