JPMorgan Lifts Price Target on HP Inc. (HPQ), Maintains Overweight

HP Inc. (NYSE:HPQ) is one of the Trending AI Stocks on Wall StreetOn August 28, JPMorgan analyst Samik Chatterjee raised the price target on the stock to $30.00 (from $27.00) while maintaining an Overweight rating.

The rating affirmation follows the company’s fiscal third-quarter report, demonstrating strong demand trends in the PC market.

The analysts state that these trends are anticipated to reduce the risk of lowered estimates for fiscal 2025, thereby offering a positive outlook for HPQ moving forward.

HP Inc. (NYSE:HPQ) is a technology company that specializes in personal computing and printing solutions.

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