-
@ Layer3.news
2025-03-06 22:41:18
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
HP INC. PRICE TARGET LOWERED TO $30 FROM $35 AT LOOP CAPITAL
https://media.zenfs.com/en/tipranks_452/3db48cd1b3c8e86b7b1e47a404e1b6d3
--
✍️ Loop Capital analyst Ananda Baruah lowered HP Inc.'s price target to $30 from $35 and maintained a Hold rating due to soft consumer demand.
--
👉 HP Inc. reported its third consecutive quarter of year-over-year revenue growth in Q1
👉 Consumer demand remained soft
👉 Print revenue declined 1% due to weakness in commercial print, particularly in China
--
#AnandaBaruah #China #business
--
nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgpflen9k5v48enudf5tqef3qucmwd0z5pa2e36k7cwlz9g0y3hphcnp7vfn