Morning Brief Hosts Seana Smith and Brad Smith break down some of Tuesday's trending tickers on the Yahoo Finance platform Mizuho Securities has initiated coverage of Dell Technologies (DELL), giving it an Outperform rating and a price target of $135, citing the growth of its generative AI. Shares of Mobileye Global (MBLY) are trading higher after being excluded from Intel's (INTC) updates about the chip company's "next phase of transformation." This comes after Bloomberg reported that Intel was considering options for its 88% stake in Mobileye. Finally, Bank of America has upgraded Hewlett Packard Enterprise (HPE) stock to a Buy rating and lifted its price target to $24 per share from $21, citing cost-cutting measures and its upcoming acquisition of Juniper Networks (JNPR). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Hewlett Packard Enterprise won an upgrade to buy from Bank of America on views that profit margins will improve and cost synergies from the acquisition of Juniper Networks.
Investing.com -- Analysts at Bank of America (BofA) hiked their rating on Hewlett Packard Enterprise Co (NYSE:HPE) shares to Buy from Neutral and lifted the price target on the stock to $24 from $21.