Hewlett-Packard (HPQ) PT Bumped to $40 at BofA/Merrill Lynch on Solid Q3
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Go back to Hewlett-Packard (HPQ) PT Bumped to $40 at BofA/Merrill Lynch on Solid Q3
August 21, 2014 1:40 PM EDT
FBN Securities upgraded Hewlett-Packard (NYSE: HPQ) from Sector Perform to Outperform and moves its price target from $35 up to $45.
For an analyst ratings summary and ratings history on Hewlett-Packard click here. For more ratings news on Hewlett-Packard click here.
Shares of Hewlett-Packard closed at $35.12 yesterday.
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August 21, 2014 8:32 AM EDT
Goldman Sachs maintained a Neutral rating on Hewlett-Packard (NYSE: HPQ) with a price target of $32. Comments follow Q3 results. Analyst Bill Shope noted solid results on the top line, led by PCs.
"PCs continue to drive revenue upside, services margins are steadily recovering, and... More
August 21, 2014 7:31 AM EDT
BMO Capital analyst Keith Bachman reiterated a Market Perform rating and $41 price target on Hewlett-Packard (NYSE: HPQ) following Q3 results. The analyst said services will be key for 2015.
Bachman commented, "We think the quarter had a little of everything, and was fairly consistent with our preview, though FCF was... More
August 20, 2014 4:04 PM EDT
(Updated - August 20, 2014 4:07 PM EDT)
Hewlett-Packard Company (NYSE: HPQ) reported Q3 EPS of $0.89, in-line with the analyst estimate of $0.89. Revenue for the quarter came in at $27.6 billion versus the consensus estimate of $27 billion.
"Overall, I'm very pleased with the progress we've made," said Meg Whitman, chairman, president and chief executive officer, HP. "When I look at the way the business is performing, the pipeline of innovation and the daily feedback that I... More
