HP Inc (HPQ) Receives a Buy from RBC Capital


In a report released yesterday, Amit Daryanani from RBC Capital reiterated a Buy rating on HP Inc (HPQ), with a price target of $26. The company’s shares closed yesterday at $20.63.

According to TipRanks.com, Daryanani is a 5-star analyst with an average return of 15.1% and a 59.9% success rate. Daryanani covers the Consumer Goods sector, focusing on stocks such as Ichor Holdings Ltd, Texas Instruments, and Xperi Corporation.

HP Inc has an analyst consensus of Moderate Buy, with a price target consensus of $26.33, implying a 27.6% upside from current levels. In a report issued on December 26, Standpoint Research also initiated coverage with a Buy rating on the stock.

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The company has a one-year high of $27.08 and a one-year low of $19.22. Currently, HP Inc has an average volume of 11.25M.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock.

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HP Inc. enages in the provision of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. It operates through following business segments: Personal Systems, Printing, and Corporate Investments.

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