HP revenue falls on weak PC sales, lower demand for services

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UBS Cuts Price Target on Hewlett-Packard (HPQ) to $36 Following 3Q15 Earnings

August 21, 2015 7:58 AM EDT

UBS maintained a Buy rating on Hewlett-Packard (NYSE: HPQ), and cut the price target to $36.00 (from $40.00), following the company's 3Q15 earnings report. HPQ reported revenue of $25.3B compared to the Street's $25.44B. EPS was reported at $0.88, beating Street's $0.85. F4Q guidance was lowered to $0.92-0.98.... More

Mizuho Securities Cuts Price Target on Hewlett-Packard (HPQ) Following a 3Q15 EPS Beat

August 21, 2015 7:14 AM EDT

Mizuho Securities maintained a Neutral rating on Hewlett-Packard (NYSE: HPQ), and cut the price target to $30.00 (from $38.00), following the company's 3Q15 earnings report. Revenues of $25.3bn compared with consensus of $25.4bn. EPS of $0.88 was better than consensus of $0.85. Management's new FY15 outlook calls... More