Credit Suisse Cuts Hewlett-Packard (HPQ) to Neutral

May 17, 2011 11:00 AM EDT Send to a Friend
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Price: $21.11 -0.75%

Rating Summary:
    6 Buy, 20 Hold, 12 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 20 | Down: 36 | New: 12
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An analyst at Credit Suisse downgraded shares of Hewlett-Packard (NYSE: HPQ) from Outperform to Neutral in a late-morning research note Tuesday.

The downgrade follows Q2 results and a warning Monday from CEO Leo Apotheker that HP's Q3 will be "tough." The stock has plunged by 9 percent and is last trading around $36.33.

For more ratings news on Hewlett-Packard click here and for the rating history of Hewlett-Packard click here.


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