Hewlett-Packard (HPQ): Bounce?
February 23, 2011 at 08:50 AM EST
Hewlett-Packard (NYSE:HPQ) got taken to the back and shot last night after posting somewhat weaker than expected #’s & guidance. Despite the 12% (6 pt) haircut we have almost every Tier-1 firm out defending HPQ this morning, telling clients to buy the weakness. - J.P. Morgan reits OW and $55 tgt (prev. $57) noting enterprise [...]
