Microsoft and HPE Get Boosts from Analysts with Bullish Price Targets
Analysts at Bernstein and J.P. Morgan have expressed optimism about two technology companies: Microsoft (MSFT) and Hewlett Packard Enterprise (HPE).
Bernstein analyst Mark Moerdler maintained a Buy rating on MSFT with a price target of $660.00, which represents a 33.8% upside from the current share price of $496.82.
This is in line with the overall sentiment towards Microsoft, as TipRanks.com reports a Strong Buy consensus among analysts with an average price target of $568.74.
On the other hand, Hewlett Packard Enterprise has seen a Moderate Buy consensus from analysts, with a price target consensus of $69.20 representing a 33.1% upside from its current share price of $51.83.
In a report issued by J.P. Morgan, Joseph Cardoso reiterated his Buy rating on HPE with a price target of $70.00.