Canada's OpenText to buy some HP Inc assets for $315 million

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Go back to Canada's OpenText to buy some HP Inc assets for $315 million

Mizuho Securities Remains Sidelined on HP, Inc. (HPQ) Following an Update to Outlook

June 22, 2016 9:34 AM EDT

Mizuho Securities reiterated a Neutral rating and $12.00 price target on HP, Inc. (NYSE: HPQ) after the company released an update to its outlook. Management now expects FY16 FCF of $2.0-2.3bn vs prior outlook of $2.3-2.6bn. On profitability, the company... More

RBC Thinks Hewlett-Packard's (HPQ) CCM Sale Makes Sense; Will Help to Focus on Core Businesses

June 20, 2016 3:12 PM EDT

RBC Capital affirms Hewlett-Packard (NYSE: HPQ) at Sector Perform with a price target of $12 after the company agreed to sell its Customer Communications Management software assets to OpenText, which was announced earlier Monday.

Analyst Amit Daryanani commented today: HPQ has agreed to... More