The PC market is finally improving, and that could help HP’s stock

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By News Room 1 Min Read

Personal-computer makers have had a rough go in the postpandemic era, but Citi Research is now feeling more optimistic about the potential for HP Inc. shares.

Citi analyst Asiya Merchant upgraded HP’s stock HPQ to buy from neutral Monday, cheering signs of a better demand landscape ahead and upping her target price to $33 from $31.

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