U.S. stocks were mixed, with the Dow Jones index falling around 0.2% on Wednesday. Shares of Hewlett Packard Enterprise Company (NYSE:HPE) rose sharply during Wednesday's session after Barclays upgraded the stock from Equal-Weight to Overweight and raised its price target from $20 to $24.

This was the stock's second consecutive day of gains.

Hewlett Packard (HPE) stock is higher after Barclays upgraded it to "overweight" and hiked its price target $24

Hewlett Packard Enterprise tumbled after the business IT firm announced a $1.35 billion mandatory convertible preferred stock offering.

Hewlett Packard Enterprise Co. closed $3.99 short of its 52-week high ($22.82), which the company achieved on June 18th.

Hewlett Packard Enterprise Co (NYSE:HPE) is likely to continue growing its artificial intelligence server revenues and see improvement in its storage business, according to analysts at Barclays. In a note to clients raising its rating of HPE to "Overweight" from "Equal-weight",

Shares of Hewlett Packard Enterprise rose some 4.2% Thursday afternoon. Wednesday's 50 basis point rate cut signals aggressive easing, impacting companies like Hewlett Packard Enterprise.

We recently published a list of 10 Trending AI Stocks to Watch in September. Since Hewlett Packard Enterprise Co (NYSE:HPE) ranks 9th on the list, it deserves a deeper look. Sam Stovall, chief investment strategist at CFRA Research,

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