Scalper1 News
Hewlett Packard (HPQ) will gain from IBM’s (IBM) sale of its x86 server business to China-based Lenovo, says Barclays, which on Tuesday upgraded HP to overweight from neutral. Barclays analyst Ben Reitzes raised his price target on HP stock to 38 from 33. Hewlett-Packard stock was up more than 3% in early trading in the stock market today, near 30.50. That’s near a 31-month high of 30.71 touched last month. IBM in January agreed to sell its Scalper1 News
Scalper1 News