HP, Inc. (HPQ) PT Raised to $35 at BofA Securities
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Go back to HP, Inc. (HPQ) PT Raised to $35 at BofA Securities
May 20, 2024 5:29 AM EDT
JPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $34.00 price target on HP, Inc. (NYSE: HPQ)
The analyst comments "Shares of HP Inc. have underperformed the market on a year-to-date basis (+4% vs. +11% for S&P 500) and are trading at a slight discount to its historical multiple (~8x vs. historical of ~9x) as well as at a significant discount relative to the peer group of Hardware companies, most of which have participated in the broader re-rating of... More
May 15, 2024 5:01 PM EDT
HP Inc. (NYSE: HPQ) declared a quarterly dividend of $0.2756 per share, or $1.1024 annualized.
The dividend will be payable on July 3, 2024, to stockholders of record on June 12, 2024, with an ex-dividend date of June 11, 2024.
The annual yield on the dividend is 3.5... More
