HPE Upgraded as Juniper Acquisition Synergy Targets Raised

Key Facts

1Daiwa upgraded Hewlett Packard Enterprise to Outperform with the stock trading at $64.62.

2HPE raised its fiscal 2028 annual run-rate cost-synergy target for the Juniper acquisition to $800 million from $600 million.

3Citi, Barclays, and Wells Fargo raised their price targets following the company's Networking Investor Day.

Daiwa upgraded Hewlett Packard Enterprise (HPE) to Outperform while the stock was trading at $64.62. According to Financial Modeling Prep, the company raised its fiscal 2028 annual run-rate cost-synergy target for the Juniper Networks acquisition to $800 million, up from the previous $600 million estimate. Citi, Barclays, and Wells Fargo also raised their price targets for the stock following the company's Networking Investor Day.

HPE closed at $64.58 on October 1, 2026, with a session range between $61.76 and $66.11. Among the banks covering the stock, C closed at $127, WFC at $80.25, and BCS at $23.64 on October 1, 2026. The company stated that AI-related demand and progress in integrating Juniper are supporting growth opportunities in data center networking and security systems.