Analysts Offer Insights on Technology Companies: Hewlett Packard Enterprise (HPE), SailPoint, Inc. (SAIL) and Rackspace Technology (RXT)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Hewlett Packard Enterprise (HPE), SailPoint, Inc. (SAIL) and Rackspace Technology (RXT).
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Hewlett Packard Enterprise (HPE)
Piper Sandler analyst James Fish maintained a Hold rating on Hewlett Packard Enterprise today and set a price target of $63.00. The company’s shares closed last Tuesday at $48.38.
According to TipRanks.com, Fish is a 4-star analyst with an average return of
Currently, the analyst consensus on Hewlett Packard Enterprise is a Moderate Buy with an average price target of $67.73, implying a 37.8% upside from current levels. In a report issued on June 2, TipRanks – xAI also downgraded the stock to Hold with a $46.00 price target.
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SailPoint, Inc. (SAIL)
Piper Sandler analyst Rob Owens maintained a Buy rating on SailPoint, Inc. today and set a price target of $25.00. The company’s shares closed last Tuesday at $14.09.
According to TipRanks.com, Owens is a 5-star analyst with an average return of
Currently, the analyst consensus on SailPoint, Inc. is a Strong Buy with an average price target of $19.50, a 37.2% upside from current levels. In a report issued on June 2, TipRanks – PerPlexity also upgraded the stock to Buy with a $21.50 price target.
Rackspace Technology (RXT)
RBC Capital analyst David Paige maintained a Hold rating on Rackspace Technology yesterday and set a price target of $4.00. The company’s shares closed last Tuesday at $6.21.
According to TipRanks.com, Paige is a 5-star analyst with an average return of
Rackspace Technology has an analyst consensus of Hold, with a price target consensus of $4.83, implying a -28.6% downside from current levels. In a report issued on June 1, TipRanks – Google also downgraded the stock to Hold with a $5.50 price target.
Read More on HPE:
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- HPE Rated Hold as Analyst Balances AI Upside with Sustainability Risks; $71 Price Target Reaffirmed
- HPE Stock Rises as AI Server Maker Doubles Down on Networking Tech
- HPE says expanding self-driving networking strategy across AI factories
- Moderately bullish activity in Hewlett Packard Enterprise with shares up 1.67%
- HP Enterprise collaborating with Intel, Rigetti, others over quantum computing
