Analysts Defending HP (HPQ) on Merger Related Sell-Off

May 13, 2008 2:42 PM EDT

Some sell-side firms are out defending Hewlett-Packard Co. (NYSE: HPQ) this afternoon after the stock dropped 6% after confirming a deal to buy EDS (NYSE: EDS) earlier today. The firms say the sell-off in HPQ is overdone.


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EDS 24.96

+0.00 +0.00%
Volume: 0
Track EDS

HPQ 44.46

+0.00 +0.00%
Volume: 0
Track HPQ


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