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Barclays Maintains Underweight on HP, Raises Price Target to $23

Aug 28, 2026, 3:00 PMBenzinga Newsdesk

Barclays analyst Tim Long maintains HP (NYSE:HPQ) with a Underweight and raises the price target from $19 to $23.

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The Motley FoolAug 28, 2026, 9:12 PMEric Volkman
Why HP Stock Topped the Market Today
HP stock rose 3% on Friday following better-than-expected fiscal Q3 earnings, aided by federal tariff rebates and strong personal systems sales. Barclays analyst Tim Long raised his price target to $23 from $19, though he maintains a sell rating. However, the analyst noted weakness in printer performance and margin pressures, with concerns that the tariff benefits are unlikely to recur.
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What's Going On With HP Stock on Friday?
HP Inc. (NYSE: HPQ) stock trends upward Friday as investors reconsider Q3 results and Wall Street analysts raise price forecasts.
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BenzingaAug 28, 2026, 3:19 PMBenzinga Newsdesk
HP shares are trading higher after Barclays raised its price target on the stock from $19 to $23.
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