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HPQ

HP Inc.

$15.97

-0.03 (-0.19%)

13:57
11/22/16
11/22
13:57
11/22/16
13:57

HP Inc. technical notes ahead of results

The shares have been in a volatile recovery uptrend off the lows of February of this year. At the current price of $15.97, shares are near the new 52-week high set today at $16.19. If the news is strongly positive, the recovery uptrend could continue. Next resistance levels to watch above $16.19 as potential upside objectives would be at $17.14, $17.73, and $18.66. A breakout above $19 would likely see a probe to the $20 area. If the news is a negative surprise the current uptrend would be broken on a move to the $14 area or lower. Next supports in that event would be at $13.47 and $12.82.

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  • 12

    Dec

HPQ HP Inc.
$15.97

-0.03 (-0.19%)

08/25/16
MAXM
08/25/16
DOWNGRADE
MAXM
Hold
HP Inc. downgraded to Hold from Buy at Maxim
08/25/16
EVER
08/25/16
NO CHANGE
EVER
Micron has positive read through from HP statements, says Evercore ISI
After Hewlett-Packard (HPQ) said, "We are seeing on the horizon some shortages, particularly around LCDs, DRAM, and flash memory.," Evercore ISI analyst C.J. Muse says that the statement is positive for Micron. The analyst keeps a $16 price target and Buy rating on Micron.
08/25/16
MAXM
08/25/16
DOWNGRADE
Target $15
MAXM
Hold
HP Inc. downgraded to Hold on pressured printing margins at Maxim
As previously reported, Maxim analyst Nehal Chokshi downgraded HP Inc. to Hold from Buy and lowered his price target to $15 from $17, saying that his analysis points to sustained printing supplies pricing pressure despite the refresh of its printer hardware. Chokshi added that he expects the company to lower its FY17 earnings guidance at its Securities Analyst Meeting in October.
10/14/16
BMUR
10/14/16
NO CHANGE
Target $18
BMUR
Buy
HP Inc. new business model conservative, says Brean Capital
Brean Capital analyst Ananda Baruah attended the HP, Inc. analyst day and said although it didn't hold any surprises, he believes the company's new long-term business model remains conservative. The analyst said if the company can execute its model its revenue growth will have to be stronger than stated and its guidance must be conservative. Baruah reiterated his Buy rating and $18 price target on HP, Inc. shares.

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