Barclays Maintains Equal-Weight on HP, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Equal-Weight rating on HP (NYSE:HPQ) but lowers the price target from $33 to $32.
August 29, 2024 | 12:56 pm
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Barclays analyst Tim Long maintains an Equal-Weight rating on HP but lowers the price target from $33 to $32, indicating a slightly less optimistic outlook.
The lowering of the price target by Barclays suggests a slightly less optimistic view on HP's stock performance, which could lead to a short-term negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
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