HPE Gets a Vote of Confidence: Deutsche Bank Sees Room to Run After Juniper Deal

Hewlett-Packard Enterprise Company (NYSE:HPE) is one of the Trending AI Stocks on Wall Street.  On July 23, Deutsche Bank analyst Matt Niknam raised the firm’s price target on the stock to $26 from $21 and kept a “Buy” rating on the shares.

The firm is positive on the stock following the Juniper deal, reflecting on the anticipated benefits. According to Niknam, the stock’s current valuation offers a promising risk/reward balance for investors.

Hewlett Packard Enterprise Company (NYSE:HPE), an American multinational technology company, provides high-performance computing systems, AI software, and data storage solutions for running complex AI workloads.

HPE Gets a Vote of Confidence: Deutsche Bank Sees Room to Run After Juniper Deal

An investor in a suit representing the company, seated in front of a long table of global leaders discussing the company’s investments.

While we acknowledge the risk and potential of HPE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HPE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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