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Stock impact report

BofA, Evercore, and Morgan Stanley Cut Price Targets for HP Inc. (HPQ) [Yahoo! Finance]

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: Yahoo! Finance
HP Inc. (NYSE: HPQ ) is one of the 10 Best Stocks Under $20 to Buy According to Hedge Funds . On February 25, BofA reduced its price target on HP Inc. (NYSE:HPQ) from $18 to $16 while keeping its Underperform rating. BofA pointed out that its rating reflects the “coinciding headwinds” of slower PC unit growth, pressure on margins due to memory costs, and uncertainty related to the company's leadership transition. Other analysts also reduced their price targets for HP Inc. (NYSE:HPQ) following its latest earnings results. On February 25, Evercore ISI cut its price target on HP Inc. (NYSE:HPQ) from $22 to $20 while maintaining its In Line rating. Evercore ISI believes that the company is currently dealing with a “tough memory environment.” BofA, Evercore, and Morgan Stanley Cut Price Targets for HP Inc. (HPQ) Ken Wolter / Shutterstock.com Morgan Stanley lowered its price target on HP Inc. (NYSE:HPQ) from $18 to $16 and kept its Underweight rating on the stock. The research fi Show less Read more
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