HP: Jefferies Says Sell; Continued Services, Printer Pressure; Little Hope in Tablets
Shares of Hewlett-Packard (HPQ) are up 2 cents at $17.13 this afternoon after Jefferies & Co.’s Peter Misek this morning cut his rating on the stock to Underperform from Hold, and cut his price target from $17 to $14,writing that there continue to be “secular headwinds” for Hewlett-Packard’s personal computer, services, and printer businesses, and [...]
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