12 AI Stocks on Latest News and Ratings

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10. HP Inc. (NYSE:HPQ)

Number of Hedge Fund Holders: 47

On May 28, BofA reduced its price target for HP Inc. (NYSE:HPQ) from $35 to $33 while maintaining a “Neutral” rating on the stock. HP Inc. is a technology company that specializes in personal computing and printing solutions.

The firm’s rating was issued before the earnings report scheduled for May 28. The firm adjusted its expectations for the fiscal year 2025. While it originally expected that personal systems revenue would be more heavily weighted towards the second half, it now forecasts a more even distribution throughout the year due to tariffs-related demand shifts.

The firm also noted how tariff impacts are a risk to HPQ’s fiscal guidance unless it resorts to further cost-saving measures. Currently, the firm forecasts fiscal second-quarter earnings per share (EPS) at $0.78. This is slightly below the Street’s consensus of $0.81.

The firm is of the belief that EPS growth for the company will likely be from share repurchases, which has led to a neutral rating toward the stock.

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