HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside
HP Inc. (NYSE:HPQ) is one of the AI Stocks on Wall Street’s Radar. On September 10, Evercore ISI analyst Amit Daryanani downgraded the stock from Outperform to “In Line” with a price target of $29.00 stating that they don’t see further upside ahead. The firm noted that for earnings or cash flow to grow meaningfully, stronger trends would be needed which aren’t visible right now due to several cross currents. The PC market is anticipated to sustain growth, while printing may experience a low single-digits ...