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-0.000264061262212968 0 -0.00079218378663853 -0.000264061262212968 -0.000264061262212968 -0.00079218378663853 0.00184842883548984 -0.00132030631106428
Stock impact report

HP Inc. Shares Slip on Citigroup Downgrade to Neutral From Buy [TheStreet.com]

HP Inc. (HPQ) 
Last hp inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: h30261.www3.hp.com
Company Research Source: TheStreet.com
HP Inc. Shares Slip on Citigroup Downgrade to Neutral From Buy Shares og HP Inc. ( HPQ Get Report Analyst Jim Suva also lowered his price target on the Palo Alto, California-based company to $21 a share from $25 due to what he described as "mixed data points." Suva said in a note to investors that positive personal computer data points offset mixed print data points and offered limited positive catalysts. He said he expects stronger near-term PC results due to demand to pull through ahead of second-quarter tariffs combined with easing chip component shortages. However, he noted that a large HP partner reduced laser supply expectations drastically. Suva said he sees macro risks pressuring commercial purchases in PCs and print moving into 2020 and he believes upsides to estimates and multiples are limited. HP Inc. is scheduled to release its third-quarter earnings report on Thursday. In May, HP Inc. posted stronger-than-expected second-quarter earnings Show less Read more
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