UBS lowered the firm’s price target on HP Inc. (HPQ) to $26 from $37 and keeps a Neutral rating on the shares. The valuation is inexpensive, but a “reset” leaves the stock in limbo, the analyst tells investors in a research note.
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Read More on HPQ:
- HP Inc. price target lowered to $25 from $35 at Wells Fargo
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- HP’s Strategic Positioning and Recovery Potential Justify Buy Rating Despite Macroeconomic Challenges
- HP Inc. price target lowered to $27.50 from $29 at Citi
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