Morgan Stanley Keeps Overweight Rating, $34 Target on HP Amid Earnings
February 21, 2014 at 11:54 AM EST
Morgan Stanley released a note following Hewlett-Packard's (NASDAQ: HPQ ) fourth quarter results. Analyst Katy Huberty rates the stock Overweight with a price target of $34. Huberty said, “HP has a two year head start on transforming and restructuring its business to meet the demands of a cloud world.”