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Fly News Breaks for January 19, 2017
HPQ
Jan 19, 2017 | 05:57 EDT
UBS analyst Steven Milunovich upgraded HP Inc. to Buy saying the risk/reward is favorable at current share levels. Printer supplies can achieve flat revenue by Q4, the yen will be a net positive for printer margin and PC revenue can grow, Milunovich tells investors in a research note. He raised his price target HP shares to $18 from $16.
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