HPE(US:HPE) Financial Modeling Prepยท2025-11-24 20:00Core Viewpoint - Hewlett Packard Enterprise (HPE) is experiencing mixed market sentiments with a recent upgrade from Citigroup but facing challenges due to rising memory prices impacting margins [1][2][3][6] Company Summary - Citigroup upgraded HPE's rating to "Positive" from "Buy," with the stock priced at $20.52 [1][6] - Morgan Stanley downgraded HPE from "overweight" to "equal weight," leading to a 7% drop in its stock price [2][3][6] - HPE's current stock price is $20.99, reflecting a 2.31% increase, with a market cap of approximately $27.69 billion [3][6] Industry Summary - Rising memory prices are creating a "pricing supercycle" for NAND and DRAM, which could negatively affect Original Equipment Manufacturers (OEMs) like HPE and Dell [2] - The memory price surge has particularly impacted Dell, resulting in a downgrade from "overweight" to "underweight" and a price target reduction from $144 to $110 [4] - Other companies like HP Inc and Lenovo also experienced share drops of up to 6% due to the memory price surge [4] - Morgan Stanley maintains a positive outlook on Pure Storage and Apple, indicating that not all companies are equally affected by the memory price surge [5]