Citigroup Adds Hewlett-Packard to US Focus List (HPQ)
On Tuesday, Citigroup announced that it has added technology company Hewlett-Packard Company (HPQ) to its US Focus List.
The firm has maintained a “Buy” rating on HPQ, and has given the company a $32 price target. This price target suggests a 16% increase from the stock’s current price of $26.74.
Analyst Jim Suva sees the company beating estimates when it releases its third quarter results. Suva also sees HPQ coming at least in line with estimates in 2014.
Hewlett-Packard shares were up 38 cents, or 1.42% during pre-market trading Tuesday. The stock is up 88% YTD.
The Bottom Line
Shares of Hewlett-Packard Company (HPQ) have a 2.17% yield based on Monday’s closing price of $26.74.
Hewlett-Packard Company (HPQ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.1 out of 5 stars.
Get FREE Dividend Tips, Updates & MoreWe respect your privacy
- Powerful dividend insights sent every weekday morning
- Gain instant access to actionable investing tips
- Strategically grow your portfolio’s profitability