** Shares of AI server maker Hewlett Packard HPE.N rise 3.63% to $22.55 premarket, after Morgan Stanley upgrades the co to "overweight" from "equal-weight" and raises TP to $28 from $23
** The broker sees the pending acquisition of Juniper JNPR.N as attractive in the near term, with Juniper coming out of inventory digestion and recognising new cloud customers
** MS believes the deal is a wait-and-see on long-term value recognition, but risk reward is skewed positively in the near term
** "With checks and competitors pointing to little downside to HPE's core numbers in the near term, we feel comfortable stepping into HPE", MS says
** The broker says that there is little risk for HPE's Q4 results, after Cisco CSCO.O and Dell's DELL.N earnings over the last couple of weeks showing that the "enterprise spend environment is ok"
** The company is expected to report Q4 results late on Thursday, with earnings at 56 cents per share, according to LSEG's mean analyst estimate
** Out of 18 analysts that cover Hewlett Packard Enterprise, nine rate the stock "strong buy" or "buy" and nine rate "hold"
(Reporting by Joao Manuel Mauricio)
((JoaoManuel.VicenteMauricio@thomsonreuters.com))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。