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Why HP Stock Is Falling Today

TheMotleyFool

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Shares of HP (NYSE: HPQ) tumbled Tuesday morning after an analyst downgraded the company and cut his price target for the stock.

The tech stock fell by as much as 5.8% early in the session and was down by 3.9% as of 11:42 a.m. ET.

Evercore ISI analyst Amit Daryanani downgraded HP from his previous outperform rating to an in-line rating and cut his price target for its shares from $43 to $36.

Source Fool.com

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