JPMorgan Downgrades HP, Inc. (HPQ) to Neutral

October 5, 2018 5:35 AM EDT
Get Alerts HPQ Hot Sheet
Price: $29.23 +0.55%

Rating Summary:
    14 Buy, 20 Hold, 4 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 22 | Down: 26 | New: 45
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JPMorgan analyst Paul Coster downgraded HP, Inc. (NYSE: HPQ) from Overweight to Neutral with a price target of $29.00 (from $28.00).

The analyst steps aside citing limited catalyst to generate upside. He suggests taking profits now noting investment in 3DPrinting and a gradual shift to subscription will weight on Printing margins.

For an analyst ratings summary and ratings history on HP, Inc. click here. For more ratings news on HP, Inc. click here.

Shares of HP, Inc. closed at $26.14 yesterday.

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