Core Viewpoint - HP Inc. (HPQ) stock has experienced significant pressure, declining approximately 40% from its peak due to weak PC demand, fears of ongoing printer market decline, and general multiple compression linked to rising interest rates [1] Company Performance - The stock has been under pressure for the past year, reflecting a combination of market concerns regarding demand and valuation [1] Market Conditions - The decline in HPQ's stock price is attributed to broader market trends, including weak demand for personal computers and fears surrounding the printer market's long-term viability [1]

CIBC Capital Markets releasing its official 2026 price target. The firm expects the S&P 500 to reach 7450. That's a 9% gain from today's close.Chris Harvey is behind the call. He is CIBC's equity and portfolio strategy head. It is his first price target with the firm since leaving Wells Fargo Security uh earlier this year.Chris, welcome. Nice to see you. Congratulations on the new gig.>> I appreciate it. >> Um but you you don't see 9% just 9%. You see a pullback first.>> That That's right. and and it has a ...