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Goldman Sachs Downgrades HP Inc (HPQ) to Sell
Yahoo Finance· 2026-01-19 12:49
HP Inc. (NYSE:HPQ) is one of the Most Undervalued Tech Stocks to Buy in 2026. On January 13, Mike Ng from Goldman Sachs downgraded HP Inc. (NYSE:HPQ) from Hold to Sell and lowered the price target from $24 to $21. The firm downgraded the stock, noting concerns regarding pressures affecting the company’s PC margins and slowing demand. Although Goldman Sachs sees HPQ as a leading company that aims to return 100% free cash flow to shareholders. The firm also likes the company’s ability to protect its marke ...