What Wall Street Analysts Think of HP Stock Ahead of Earnings

HP (HPQ) will report fiscal fourth-quarter earnings after the bell Tuesday, and analysts are taking a wait-and-see approach with the maker of PCs and printers. All six brokers tracked by Visible Alpha have a "hold" or equivalent rating for HP, with a consensus price target of $34.83. That's about 11% lower than the stock's price of $39.21 soon after markets opened Monday. Shares of HP have gained 30% in 2024.  Morgan Stanley described its outlook as "tactically cautious into earnings," while maintaining it ...