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HP Inc beats estimates, weak printer demand weighs on forecast

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UBS Remains Sidelined on HP, Inc. (HPQ) Following 3Q - PT to $14

August 25, 2016 8:45 AM EDT

UBS reiterated a Neutral rating on HP, Inc. (NYSE: HPQ), and raised the price target to $14.00 (from $12.00), following the company's 3Q earnings report.

Analyst Steven Milunovich commented, "We have not been recommending the stock as every quarter it seems like the... More

Mizuho Securities Reiterates Neutral on HP, Inc. (HPQ) Following 3Q Report

August 25, 2016 7:18 AM EDT

Mizuho Securities reiterated a Neutral rating and $12.00 price target on HP, Inc. (NYSE: HPQ) following the company's 3Q earnings report. HPQ reported revenues of $11.9bn, ahead of estimates of $11.5bn. EPS of $0.48 was above consensus' $0.44 and in-line with the upper-end of outlook.

Analyst... More

RBC Sees Some Positives from HP's (HPQ) Q3 Report, but Thinks More is Needed

August 25, 2016 6:27 AM EDT

RBC Capital affirms its Sector Perform rating and $14 price target on HP, Inc. (NYSE: HPQ) following Q3 results on Wednesday.

Analyst Amit Daryanani commented, HPQ reported a strong Jul-qtr print but guided down Oct-qtr and tempered FCF expectations for Oct-qtr as... More