JPMorgan lowered the firm’s price target on HP Inc. (HPQ) to $25 from $30 and keeps a Neutral rating on the shares following the fiscal Q4 report. The firm says concerns of a “tough” operating environment in fiscal 2026 were manifested in HP’s outlook.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HPQ:
- HP Inc. price target lowered to $20 from $21 at Morgan Stanley
- HP Inc. price target lowered to $24 from $28 at Goldman Sachs
- HP Inc. price target lowered to $26 from $29 at UBS
- HP’s Financial Outlook Challenged by Rising Memory Prices and Below-Expectation Guidance
- HP’s Financial Outlook Challenged by Rising Costs and Lack of Catalysts, Says Analyst