Morgan Stanley Maintains Overweight on HP, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Overweight rating on HP (NYSE:HPQ) and raised the price target from $36 to $37, indicating a positive outlook for the company's stock.
May 30, 2024 | 12:30 pm
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Morgan Stanley has maintained its Overweight rating on HP and raised the price target from $36 to $37, suggesting a positive short-term outlook for the stock.
The Overweight rating and increased price target from a reputable firm like Morgan Stanley typically signal confidence in the company's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100