HP Inc beats estimates, weak printer demand weighs on forecast
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
UBS Remains Sidelined on HP, Inc. (HPQ) Following 3Q - PT to $14
August 25, 2016 8:45 AM EDTUBS 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 EDTMizuho 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 EDTRBC 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