Hewlett Packard Enterprise shares dropped 11% on September 14, closing at $55.41, after Evercore ISI removed its bullish rating on the stock. Analyst Amit Daryanani downgraded HPE from « Outperform » to « In Line, » arguing that the AI-driven rally had pushed shares to fair value with fewer catalysts ahead. The stock had surged 159% year-to-date driven by strong demand for AI-optimized servers and the successful Juniper Networks acquisition. Second-quarter revenue hit $12.21 billion, up 33.7% year-over-year, with management raising full-year guidance.
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