Leading Global Manufacturer Requests HPQ’s First Batch of Fumed Silica for Evaluation

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HP, Inc. (HPQ) PT Lowered to $29 at Evercore ISI

May 29, 2025 4:50 AM EDT

Evercore ISI analyst Amit Daryanani lowered the price target on HP, Inc. (NYSE: HPQ) to $29.00 (from $32.00) while maintaining a Outperform rating.

The analyst comments "ALL YOU NEED TO KNOW: HPQ reported a mixed Apr-qtr with a slight revenue beat and EPS below street due to a ~$0.12 headwind from unmitigated tariff impacts (revenue/EPS came in at $13.2B/$0.71 vs. consensus a $13.1B/$0.80). Top line growth in the quarter was driven by ~8% y/y growth in Personal... More