Credit Suisse Cuts Hewlett-Packard (HPQ) to Neutral
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Price: $24.84 +2.90%
Rating Summary:
12 Buy, 23 Hold, 6 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
Rating Summary:
12 Buy, 23 Hold, 6 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
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An analyst at Credit Suisse downgraded shares of Hewlett-Packard (NYSE: HPQ) from Outperform to Neutral in a late-morning research note Tuesday.
The downgrade follows Q2 results and a warning Monday from CEO Leo Apotheker that HP's Q3 will be "tough." The stock has plunged by 9 percent and is last trading around $36.33.
For more ratings news on Hewlett-Packard click here and for the rating history of Hewlett-Packard click here.
The downgrade follows Q2 results and a warning Monday from CEO Leo Apotheker that HP's Q3 will be "tough." The stock has plunged by 9 percent and is last trading around $36.33.
For more ratings news on Hewlett-Packard click here and for the rating history of Hewlett-Packard click here.
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