Loop Capital Maintains Hold on HP, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Hold rating on HP (NYSE:HPQ) but has lowered its price target from $37 to $35, indicating a cautious outlook on the stock.
September 05, 2024 | 4:23 pm
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Loop Capital has maintained a Hold rating on HP but lowered the price target from $37 to $35, suggesting a cautious outlook.
The Hold rating suggests that the analyst does not see significant upside or downside in the stock, while the lowered price target indicates a slightly more cautious view on HP's future performance. This could lead to neutral short-term price movement.
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