HP Inc. Reports First Quarter 2016 Results

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HP's (HPQ) Headwinds Remain - BMO

February 25, 2016 6:47 AM EST

BMO analyst, Tim Long, maintained his Market Perform rating on HP, Inc. (NYSE: HPQ) as its first quarter as a standalone company was in line with expectations. The company is using 75% of its Free Cash Flow for buybacks and dividends but the analyst believes the company could do more. The PT drops by $1 to $12 on multiple compression.

HP reported its first quarterly earnings as a standalone company. Results were mixed, as... More