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HP (HPQ) Stock Slips After Wells Fargo Downgrade to Underweight, Analyst Sees a Period of Underperformance

Go back to HP (HPQ) Stock Slips After Wells Fargo Downgrade to Underweight, Analyst Sees a Period of Underperformance

BofA Negative on HP Inc (HPQ), Dell Technologies (DELL) Ahead of Earnings

August 23, 2022 12:30 PM EDT

BofA analyst Wamsi Mohan is negative on both Dell Technologies (NYSE: DELL) and HP Inc (NYSE: HPQ) shares ahead of their earnings releases.

Dell is set to report F2Q23 earnings after market close on Thursday, August 25th, while HP Inc is set to post F3Q22 earnings results on Tuesday, August 29th.

In a research note on Dell, Mohan said it has cut its F23 revenue... More