OpenText Signs Definitive Agreement to Acquire Customer Communications Management and other Assets of HP Inc.

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Go back to OpenText Signs Definitive Agreement to Acquire Customer Communications Management and other Assets of HP Inc.

Mizuho Securities Remains Sidelined on HP, Inc. (HPQ) Following an Update to Outlook

June 22, 2016 9:34 AM EDT

Mizuho Securities reiterated a Neutral rating and $12.00 price target on HP, Inc. (NYSE: HPQ) after the company released an update to its outlook. Management now expects FY16 FCF of $2.0-2.3bn vs prior outlook of $2.3-2.6bn. On profitability, the company... More

RBC Thinks Hewlett-Packard's (HPQ) CCM Sale Makes Sense; Will Help to Focus on Core Businesses

June 20, 2016 3:12 PM EDT

RBC Capital affirms Hewlett-Packard (NYSE: HPQ) at Sector Perform with a price target of $12 after the company agreed to sell its Customer Communications Management software assets to OpenText, which was announced earlier Monday.

Analyst Amit Daryanani commented today: HPQ has agreed to... More