Susquehanna Raises Hewlett Packard Enterprise (HPE) PT to $21, Cites Juniper Networks Acquisition

Group 1 - Hewlett Packard Enterprise (HPE) is considered one of the best inexpensive stocks to buy according to hedge funds, with a price target raised to $21 from $16 by Susquehanna analyst Mehdi Hosseini [1] - HPE achieved total revenue of $9.1 billion, an 18% year-over-year increase, driven by AI, networking, and hybrid cloud segments [2] - The networking segment, now including Juniper Networks, saw a 54% year-over-year revenue increase to $1.7 billion, contributing approximately 50% to HPE's non-GAAP consolidated operating profit [3] Group 2 - The server segment revenue reached $4.9 billion, reflecting a 16% increase, while AI systems revenue hit an all-time high of $1.6 billion, with AI orders nearly doubling sequentially [3] - HPE has a record AI backlog of $3.7 billion, indicating strong future demand in the AI sector [3] - The acquisition of Juniper Networks is expected to generate at least $600 million in cost synergies over the next three years [2]