Barclays Turns Bearish on HP, Sees Further Downside
Barclays downgraded HP to Underweight, cutting its price target to $18, citing weak PC and printing demand and limited growth catalysts.
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HP Announces Major Job Cuts and Disappointing Profit Outlook Amid Rising Memory Costs
HP plans to cut 4,000-6,000 jobs by 2028 using AI tools, targeting $1B in savings. Fiscal 2026 profit outlook falls short of expectations due to rising memory chip costs.
Morgan Stanley Downgrades Dell and HP on Memory Cost Concerns
Morgan Stanley cuts Dell and HP ratings, citing rising memory costs and weak demand threatening hardware maker profits through 2026.
JPMorgan Downgrades HP Stock: What Investors Need to Know
JPMorgan cuts HP Inc. rating to Neutral as PC replacement cycle ends and growth challenges emerge.
Dell Doubles Down on AI: Massive Growth Forecasts Ahead
Dell doubled its growth forecast through 2030 due to massive AI server demand. They plan to improve their struggling PC business.