6 Analysts Have This to Say About HP
Portfolio Pulse from Benzinga Insights
HP (NYSE:HPQ) has received mixed analyst ratings in the last quarter, with 2 bullish, 2 somewhat bullish, and 2 indifferent ratings. The average 12-month price target for HPQ among 6 analysts is $34.17, with a high of $40.00 and a low of $31.00. This target has increased by 9.34% from the previous target of $31.25. Analyst ratings are opinions on stock performance and are updated quarterly.
December 12, 2023 | 7:00 pm
News sentiment analysis
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POSITIVE IMPACT
HP has a mixed set of analyst ratings but an increased average price target of $34.17, suggesting a positive outlook from analysts.
The increase in the average price target for HPQ reflects a positive sentiment among analysts, which could lead to a short-term positive impact on the stock price. However, the presence of indifferent ratings indicates that there is some caution in the market, which is why the importance is not at the highest level.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100