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HP Inc. (HPQ) has been downgraded by Citigroup (C) to Neutral from Buy. The firm states that HP has limited potential for growth in the near term, citing issues such as headwinds in the printing business and continued weakness in the Chinese market.
Citigroup has maintained its price target for HP at $37 per share.
Market Domination co-hosts Julie Hyman and Josh Lipton break down the details.
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This post was written by Angel Smith