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UBS Says Hewlett-Packard is a “Sell”; Sees Several Headwinds

HPQ  

Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - August 07, 08:34AM from (www.dividend.com)

PC and printer maker Hewlett-Packard Company (HPQ) on Tuesday caught some sharply bearish commentary from analysts at UBS. The firm initiated coverage on HPQ with a "Sell" rating and $16 price target, suggesting a 15% downside to the stock's Monday closing price of $18.69. UBS cited several reasons for the negative view, including: The recent ...

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