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HP Inc: Citigroup Ups Estimates on Less-Bad PCs; Still Worried About Printing

Citigroup’s Jim Suva this afternoon issued a note to clients in which he raises his estimates for the personal computer market for the first time since February, citing data gathered from a trip through Asia examining the supply chain. That’s good news for HP Inc. (HPQ), for whom he raises estimates as he raises his target price to $16 from $14. Suva has a Neutral on HP.
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