Tag Archives: hpq

HP Stock Said Undervalued As Company Approaches Split

Hewlett-Packard’s (HPQ) stock is undervalued heading into the PC maker’s split into two separate companies by October. So concludes James Kisner, an analyst for Jefferies, who in a research report Wednesday raised his rating on HP stock to buy from hold and hiked his price target to 41 from 37. HP stock rose a fraction Wednesday to 31.29, but it’s down 22% this year, hurt by a mixed earnings report in February. HP stock rose 43% last year and

HP Steps Up Its NFV Game With Telefonica Signing

Hewlett-Packard showed some muscle in the fledgling Network Functions Virtualization market by beating Cisco Systems, VMware and others in signing telecom carrier Telefonica to a multiyear pact. Hewlett-Packard (HPQ) is one of several tech giants scrambling to offer NFV, a virtualization computing system that relies more on software than hardware to help service providers speed an increasing amount of data through their networks at a reduced cost.

HP Upgraded On Limited Downside, Stock Decline

Investors might want to take another look at Hewlett-Packard (HPQ) as the company gets closer to splitting into two entities by year’s end, with PCs and printers in one company and its enterprise hardware, software and services in the other. In a research report Tuesday, Steven Milunovich, an analyst for UBS Securities, upgraded his rating on HP stock to buy from neutral, based on the company’s opportunity to grow following the split, changes made