Reported 4 months ago
Analysts have adjusted the stock price target for HP Inc. after the company's second-quarter earnings call, where they highlighted the impact of AI personal computers on sales. HP CEO Enrique Lores mentioned the introduction of new AI PCs and their expected impact on sales growth, leading to a nearly 17% increase in HP Inc. shares. Analysts from JPMorgan, Citi, Wells Fargo, and TD Cowen revised their price targets for HP Inc., citing the positive results and the company's progress in operational efficiency and product innovation in the AI and hybrid era.
Source: YAHOO