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Citi Upgrades Hewlett-Packard (HPQ) to Buy

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Hewlett-Packard (HPQ) Cash Flow Improving, Brean Raises to Buy

July 9, 2013 7:17 AM EDT

Brean Capital upgraded Hewlett-Packard (NYSE: HPQ) from Hold to Buy with a price target of $32.00. Analyst Ananda Baruah sees catalysts from improved cash flow and cost savings.

"We believe HP can continue to move higher through 2H13 given strengthened cash flow, cost... More