Tigress Financial Partners Downgrades Hewlett-Packard (HPQ) to Neutral
Get Alerts HPQ Hot Sheet
Price: $30.25 +0.43%
Rating Summary:
16 Buy, 20 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 11
Rating Summary:
16 Buy, 20 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 11
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Tigress Financial Partners downgraded Hewlett-Packard (NYSE: HPQ) from Buy to Neutral.
Analyst Ivan Feinseth said, "The acquisition of Aruba networks is an incremental positive, but ultimately the transaction is too small to make a significant impact on the company’s lackluster performance metrics. We see few growth catalysts and believe there are better investment opportunities in the tech space."
For an analyst ratings summary and ratings history on Hewlett-Packard click here. For more ratings news on Hewlett-Packard click here.
Shares of Hewlett-Packard closed at $34.00 yesterday.
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