Barclays Downgrades HP Inc. (HPQ) to Underweight, Cuts Target to $18

HP Inc. (NYSE:HPQ) is one of the AI Stocks Analysts Are Watching Closely. On January 15, Barclays downgraded the stock to “Underweight” from Equal Weight, stating that it sees too many "secular challenges” across both HP’s PC and printing businesses." The firm has reduced its price target to $18.00 from $24.00. "While we see the stock as inexpensive, we believe secular challenges across both PCs and Printing, combined with a lack of catalyst, will cause the stock to remain pressured in 2026. Additionally, ...