12:10 PM EDT, 08/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month target price to $30 from $27, at 8.3x our CY 2027 EPS view of $3.61, below peers due to anemic growth. We lift our FY 25 (Oct.) EPS view to $3.12 from $3.09 and FY 26's to $3.36 from $3.24. We maintain our Hold rating on HPQ despite Q3 FY 25 results that demonstrated progress on AI PC adoption reaching 25% of mix and successful tariff mitigation through supply chain diversification. While Personal Systems momentum from the Windows 11 refresh and commercial strength provide near-term support, we remain cautious on structural Print segment decline and competitive pricing pressures limiting margin expansion potential. Management's $2 billion cost savings program and disciplined capital allocation provide defensive qualities, but we see limited catalysts for meaningful multiple expansion given modest growth prospects and persistent macroeconomic headwinds across both segments.