Analyst Ratings for Hewlett-Packard (HPQ) [Neutrals]

Overall Rating: NEUTRAL Rating Trend:

Avg. $ Target: $18.73 (-11.6%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
2/22/2013	UBS	Upgrade	Neutral (Sell)	19.00 (12.00)	17.10	21.18	23.86%	Details
1/14/2013	JPMorgan	Upgrade	Neutral (Underweight)	21.00 (15.00)	16.16	21.18	31.06%	Details
11/20/2012	ISI Group	Downgrade	Neutral (Buy)	N/A (N/A)	11.65	21.18	81.8%	Details
11/20/2012	Raymond James	Downgrade	Market Perform (Outperform)	N/A (N/A)	12.11	21.18	74.9%	Details
10/5/2012	Argus	Downgrade	Hold (Buy)	N/A (N/A)	14.94	21.18	41.77%	Details
10/5/2012	Sterne Agee » Updated 4/8/2013	Downgrade	Neutral (Buy)	N/A (N/A)	14.94	21.18	41.77%	Details
10/4/2012	BofA/Merrill Lynch	Downgrade	Neutral (Buy)	16.50 (N/A)	14.91	21.18	42.05%	Details
9/10/2012	Monness, Crespi, Hardt	New Coverage	Neutral (N/A)	N/A (N/A)	17.42	21.18	21.58%	Details
6/28/2012	Wells Fargo » Updated 8/28/2012	New Coverage	Market Perform (N/A)	21.00 (N/A)	19.51	21.18	8.56%	Details
12/1/2011	Pacific Crest	Upgrade	Sector Perform (N/A)	N/A (N/A)	27.95	21.18	-24.22%	Details
10/5/2011	Barclays » Updated 11/12/2012	New Coverage	Equalweight (N/A)	14.00 (16.00)	23.02	21.18	-7.99%	Details
8/19/2011	Baird	Downgrade	Neutral (N/A)	30.00 (N/A)	23.60	21.18	-10.25%	Details
8/17/2011	BMO Capital » Updated 11/20/2012	Downgrade	Market Perform (N/A)	18.00 (N/A)	32.61	21.18	-35.05%	Details
6/21/2011	FBN Securities » Updated 10/4/2012	New Coverage	Sector Perform (N/A)	17.00 (22.00)	34.99	21.18	-39.47%	Details
5/27/2011	Ticonderoga	New Coverage	Neutral (N/A)	N/A (N/A)	36.55	21.18	-42.05%	Details

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