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Fly News Breaks for May 2, 2017
HPQ
May 2, 2017 | 06:25 EDT
Deutsche Bank analyst Sherri Scribner raised his price target for HP Inc. to $22 citing a more optimistic view on the PC market. After double-digit unit declines in 2015, the PC market improved in 2016 and units grew modestly in Q1 of 2017 largely on healthy demand for notebooks, Scribner tells investors in a research note. She sees more upside to HP shares and keeps a Buy rating on the name.
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