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JPMorgan Downgrades HP – Read Why

JPMorgan Downgrades HP - Read Why

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JPMorgan analyst Paul Coster downgraded HP Inc (NYSE:HPQ) to Neutral from Overweight with a price target of $30, down from $35, implying an upside of 5.45%.  Coster notes that concerns around the PC cycle, which are unlikely to dissipate in the near term, have restricted HP’s upside.

...read full article on Benzinga

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