Citigroup Initiates Coverage On HP with Neutral Rating, Announces Price Target of $32
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Jim Suva has initiated coverage on HP (NYSE:HPQ) with a Neutral rating and a price target of $32.
June 30, 2023 | 9:11 am
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NEUTRAL IMPACT
HP has been given a Neutral rating by Citigroup with a price target of $32.
The Neutral rating from Citigroup indicates that the analyst does not see the stock as overvalued or undervalued at its current price. The price target of $32 suggests that the analyst believes the stock has potential for growth. However, as this is a neutral rating, it is not expected to have a significant impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100