Group 1 - Morgan Stanley raised HP's target price from $27 to $30 while maintaining an "Overweight" rating [1] - HP's Q3 report indicated strong demand trends in the personal computer (PC) market, which are expected to reduce the risk of downward revisions for fiscal year 2025 performance [2] - For Q3 of fiscal year 2025, HP reported a revenue increase of 3.1% year-over-year to $13.9 billion, exceeding analyst expectations of $13.7 billion [2] - Adjusted earnings per share for HP were $0.75, surpassing the analyst average estimate of $0.74 [2] - HP's personal systems business revenue grew by 6% year-over-year to $9.9 billion, with PC sales also increasing by 6% [2] - The company anticipates continued "mid-single-digit" growth in PC sales for Q4 [2]