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Fly News Breaks for May 22, 2015
HPQ
May 22, 2015 | 07:19 EDT
Citigroup views HP's Q2 results as solid given the quarter-over-quarter currency headwind. Citi believes the disclosure of the potential dis-synergy costs of running as two separate companies removes the last "major" overhang on shares ahead of the break-up. Citi continues to recommend buying HP shares into the break-up. It has a Buy rating on the name with a $41 price target.