HP, Inc. (HPQ): FY17 Cash Flow Consensus Is Too Low - Jefferies
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Jefferies analyst, James Kisner, reiterated his Buy rating on shares of HP, Inc. (NYSE: HPQ) after hosting investor meetings with Diana Sroka, head of HPQ investor relations, at the Jefferies Semiconductors, Hardware & Communications Infrastructure Summit. The analyst is incrementally positive on the Graphics and Copier (A3) opportunities which leads him to believe consensus FY17 Free Cash Flow is too low.
No change to the price target of $16.75.
Shares of HP, Inc. closed at $14.49 yesterday.
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