HP forecasts Q1 profit below estimates on sluggish demand in PC market
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HP, Inc. (HPQ) PT Lowered to $36.50 at Citi
November 27, 2024 5:34 AM ESTCiti analyst Asiya Merchant lowered the price target on HP, Inc. (NYSE: HPQ) to $36.50 (from $37.00) while maintaining a Neutral rating.
The analyst comments "HPQ shares traded down ~7% as guide missed expectations on more muted PC recovery expectations with inflated commodity costs... More
