Hewlett Packard Enterprise is trading at $68.11, up +5.46%, after Daiwa upgraded its shares.
- On October 2, Daiwa upgraded the shares to Outperform from Neutral and raised its target to $75 from $65.
- The September 30 Networking Investor Day preceded the move; the company raised its networking growth outlook, and Citi, Barclays and Wells Fargo also raised targets. The broader market is higher, but company-specific analyst actions and stronger networking expectations are the clearest reported catalysts.