CEO George Chappelle is confident in Jay Wells' abilities to drive profitable growth, anticipating leadership changes to stimulate strategic initiatives and business performance control
BARCLAYS •$慧与科技(HPE.US)$Barclays analyst Tim Long lowered the firm's price target on HP Enterprise to $19 from $20 and keeps an Overweight rating on the shares. The company missed Q2 revenue and earnings estimates, mainly on delayed HPC revenue acceptance, Long tells investors in a research note. It also lowered full year earnings expectations to account for Russia and currency headwinds. Despite continued strong 20% order...