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Fly News Breaks for June 20, 2019
HPQ
Jun 20, 2019 | 05:16 EDT
Deutsche Bank analyst Jeriel Ong last night initiated coverage of HP Inc. with a Hold rating and $20 price target. The Printing and PCs are markets in "secular decline," and long-term expansion in HP's stock price requires revenue growth, which would require "significant" market share again, Ong tells investors in a research note.