Key Takeaways U.S. equities were mixed at midday after both the Dow and S&P 500 closed at record highs yesterday.Hewlett Packard Enterprise was upgraded by Barclays on its strength in AI.General Motors and Ford Motor were downgraded by Morgan Stanley on Chinese compeition.

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

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.

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

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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