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Fly News Breaks for June 22, 2016
HPQ
Jun 22, 2016 | 08:15 EDT
Barclays analyst Mark Moskowitz said HP's newly articulated shift to a "pull model" for its printing supplies go-to-market strategy could lead to better working capital management, but could also result in lost revenue or market share for a key profit generating segment of the company. The analyst believes that HP shares will remain range bound until there are signs of sustainable cash flow improvements and the rate of decline in printers and PCs moderates. Barclays keeps an Equal Weight rating on HP Inc. shares.
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