HP (HPQ) Rating Increased to Buy at Zacks Investment Research
Summary
Rising demand for notebooks, desktops and workstations on the back of product innovation and differentiations is benefiting HP in the PC market.Susquehanna Bancshares set a $25.00 price objective on shares of HP and gave the stock a “hold” rating in a research note on Thursday, October 4th.BMO Capital Markets restated a “hold” rating and issued a $22.00 price objective on shares of HP in a research note on Thursday, October 4th.Finally, Bank of America raised their price objective on shares of HP from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, October 4th.HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide.