B of A Securities Downgrades HP to Neutral, Maintains Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded HP (NYSE:HPQ) from Buy to Neutral, while maintaining the price target at $37.
September 27, 2024 | 11:12 am
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B of A Securities has downgraded HP from Buy to Neutral, indicating a less optimistic outlook on the stock. The price target remains at $37, suggesting limited upside potential.
The downgrade from Buy to Neutral by B of A Securities suggests a shift in sentiment towards HP, potentially leading to a negative short-term impact on the stock price. The unchanged price target of $37 indicates limited expected upside, reinforcing the neutral stance.
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IMPORTANCE 80
RELEVANCE 100