Morgan Stanley Maintains Equal-Weight on HP, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring has maintained an Equal-Weight rating on HP (NYSE:HPQ) but lowered the price target from $32 to $30.
August 30, 2023 | 2:15 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on HP but lowered the price target from $32 to $30.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on HP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100