HP Inc. price target raised to $36 from $35 at Barclays

Barclays raised the firm’s price target on HP Inc. (HPQ) to $36 from $35 and keeps an Equal Weight rating on the shares. The company’s fiscal Q1 was in line with a still second-half weighted full year outlook as both Print and PC recovery is pushed out with a tough China market, the analyst tells investors in a research note. The firm says HP’s PC margins are pressured on commodities and mix in the near term.