Barclays Maintains Underweight on HP, Lowers Price Target to $23
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Tim Long has maintained an Underweight rating on HP (NYSE:HPQ) and lowered the price target from $24 to $23.
August 30, 2023 | 3:47 pm
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Barclays has maintained an Underweight rating on HP and lowered the price target, which could negatively impact the stock's performance.
The lowered price target from Barclays indicates a potential downside for HP's stock. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new target price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100