UPDATE: HP, Inc. (HPQ) Misses Q4 EPS by 3c; Issues Q1, FY16 EPS Guidance

FBN Securities Starts HP, Inc. (HPQ) at Sector Perform

November 25, 2015 2:16 PM EST

FBN Securities initiated coverage on HP, Inc. (NYSE: HPQ) with a Sector Perform rating and a price target of $13.50.

Analyst Shebly Seyrafi said, "Key positives include a strong recurring revenue from supplies (about a quarter of HPQs revenue and a larger percentage of operating profits), a very negative cash conversion cycle (CCC),... More

RBC Capital Reiterates Sector Perform on HP, Inc. (HPQ) Following 4Q

November 25, 2015 8:30 AM EST

RBC Capital reiterated a Sector Perform rating and $13.00 price target on HP, Inc. (NYSE: HPQ) following the company's 4Q earnings report. HPQ reported revenues/EPS of $25.7B/$0.93; however, we note that the results are not comparable to consensus expectations of $12.9B/$0.44, which do... More

Needham & Company Downgrades HP, Inc. (HPQ) to Hold

November 25, 2015 7:33 AM EST

Needham & Company downgraded HP, Inc. (NYSE: HPQ) from Buy to Hold, saying incremental pressures limit upside.

Analyst David Rold commented, "Our upgrade on 11/2 was predicated on the notion that valuation (then having closed in the low/mid $12 range trading at a steep... More

HP Inc profit forecast misses Street on weak PC, printer sales

November 24, 2015 4:13 PM EST

By Abhirup Roy and Anya George Tharakan

(Reuters) - HP Inc, which houses former Hewlett-Packard Co's legacy printer and PC business, forecast adjusted profit for the first quarter below market expectations as it struggles with weak sales of PCs and printers.

However, Hewlett Packard Enterprise Co, which is headed by Meg Whitman and holds the corporate hardware and services businesses, maintained its adjusted profit forecast for the year.

HP Inc's shares were down 7.1 percent in extended trading on Tuesday, while HPE's shares were up 2.3 percent.

"Looking ahead, we... More