Hewlett Packard shares are trading higher after Barclays upgraded the stock from Equal-Weight to Overweight and raised its price target from $20 to $24.
Portfolio Pulse from Benzinga Newsdesk
Hewlett Packard shares rose following an upgrade by Barclays from Equal-Weight to Overweight, with a price target increase from $20 to $24.
September 25, 2024 | 12:50 pm
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POSITIVE IMPACT
Hewlett Packard shares are trading higher after Barclays upgraded the stock from Equal-Weight to Overweight and raised its price target from $20 to $24.
The upgrade by Barclays to Overweight and the increase in price target from $20 to $24 is a positive signal for investors, indicating confidence in Hewlett Packard's future performance. This is likely to attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100