Shares of Hewlett-Packard Company HPQ moved down after the UBS analyst, Maynard Um downgraded the company from “buy” to “neutral.”
HPQ’s shares lost 2.86% to $38.78 at 11:52 am. Maynard Um has also lowered the price target on the company from $54 to $44 per share.
Shares of Hewlett-Packard have lost 4.61% over the past month and moved down 22.24% so far this year.
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