B of A Securities Upgrades HP to Buy, Announces $33 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan has upgraded HP (NYSE:HPQ) from Underperform to Buy and set a price target of $33.
October 03, 2023 | 1:48 pm
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POSITIVE IMPACT
HP's stock has been upgraded to Buy from Underperform by B of A Securities, with a new price target of $33.
The upgrade from Underperform to Buy indicates a positive shift in the analyst's view of the company's prospects. The new price target of $33 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100