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HP Inc. Stock Is Falling. Print Problems Aren’t Going Away, Analyst Says.
Potential upside from PCs (including AI PCs) should be offset by lower print margins,” says BofA Securities analyst Wamsi Mohan.
Why HP Stock Dived by Almost 4% on Friday
HP (NYSE: HPQ) wasn't exactly the belle of the stock market ball on Friday. Although the company had little of its own news to report that day, its shares were shaken by a new research note by an analyst.
HP stock downgraded at Bank of America
HP Inc. (HPQ) shares were trading slightly lower on Friday. Bank of America Securities downgraded the stock to Neutral from Buy. Analyst Wamsi Mohan thinks that potential gains in the PC business will be offset by lower margins in the printing business.
B of A Securities Downgrades HP (HPQ)
Fintel reports that on September 27, 2024, B of A Securities downgraded their outlook for HP (NYSE:HPQ) from Buy to Neutral. Analyst Price Forecast Suggests 2.50% Downside As of September 25, 2024, the average one-year price target for HP is $35.
HP downgraded by Bank of America over print margin worries
HP (NYSE:HPQ) was in the spotlight on Friday as Bank of America downgraded the tech company amid worries that margins for its printer division will offset any upside in the PC space. Shares fell 1.9% in premarket trading.
7h
Saphie: The One-Eye Cat and more of WEBTOON's biggest comics will get print collections next year
The One-Eyed Cat is one of three hit WEBTOON series that are set to make the jump to print collections over the next few ...
28m
‘Just print the receipt’: Man always gives 1 star at Walmart self-checkout. But not everybody’s on board
One Walmart shopper sparked a debate on TikTok after sharing how he always rates his shopping experience as 1-star.
22h
Go Wild with Fall’s Animal-Print Accessories
Move Over, Matcha: Long beloved in Japan, strawberry milk is becoming a fixture on cafe menus in Hawaii and now the mainland, ...
Printing Impressions
1d
Navigating Modern Print Shop Challenges: The Smart Print Room
While technology has transformed the industry, print shops still face challenges. PRISMA cloud-based tools have proven to be ...
16h
Kylie Jenner’s Corseted Balmain Gown Was a Giant Print of Her Face — See Photos
Kylie Jenner just took meta to the next level. The Kylie Cosmetics founder and reality star is currently in Paris for Fashion ...
3d
Introducing HP Print AI, Industry’s First Intelligent Print Experiences for Home, Office, and Large Format Printing
News HighlightsUnveils HP Print AI, including intelligent features to simplify and enhance printing from setup to ...
Plastics News
19h
Azure to 3D print 100 homes in Colorado
Azure's construction technology will repurpose about 100,000 PET bottles for each modular unit, which is priced starting at ...
PCMag on MSN
3d
HP: Pressing CTRL+P Will One Day Trigger Our AI Print Bot
The company wants to make its newly unveiled HP Print AI program easy to access by including it into the software drivers for ...
bleedingcool
1d
Absolute Batman #1 Gets Second Print, Will Sell Quarter Of A Million
Bleeding Cool understands that Absolute Batman #1 by Scott Snyder and Nick Dragotta will head back to press for a second ...
12h
Enter to Win a Custom Xbox Series X, Women of Marvel: The Portrait Collection Print, and More on IGN Rewards
Are you looking for the opportunity to win new games, consoles, and accessories? Look no further than IGN Rewards! Multiple ...
12h
Marvel’s Dan Buckley Explains How Digital Comics Inform Its Print Business
Marvel Comics became a digital pioneer way back in the age of dial-up Internet. In 1996, it started putting stories starring ...
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