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JPMorgan resets HPQ stock price target ahead of earnings
Key takeaways
- JPMorgan resets HPQ stock price target ahead of earnings Peace Longe Tue, May 26, 2026 at 12:47 AM GMT+7 5 min read HPQ 0992.HK For years, HP Inc.
- HPQ jumped sharply in a single session, up 15%, according to IBTimes.
- For the first time in a long time, investors are betting HPQ might be something other than a yield trap.
JPMorgan resets HPQ stock price target ahead of earnings Peace Longe Tue, May 26, 2026 at 12:47 AM GMT+7 5 min read HPQ 0992.HK For years, HP Inc. (HPQ) has been a company investors bought for the dividend, not the upside. A slow PC and printer business that pays a generous quarterly check, has a single-digit earnings multiple, and almost no story.
HPQ jumped sharply in a single session, up 15%, according to IBTimes. The buyers were not reacting to anything HP said. They were reacting to a rival's earnings, five trading days before HP's own report.
For the first time in a long time, investors are betting HPQ might be something other than a yield trap.
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