BUZZ-HP falls after announcing CEO departure

Reuters
Feb 03
BUZZ-HP falls after announcing CEO departure

** Shares of PC maker HP HPQ.N down 2.2% at $19.39 premarket

** Co names Bruce Broussard as interim CEO, effective immediately, replacing Enrique Lores

** Lores stepped down as president and CEO and as a member of the board to pursue another professional opportunity, the co said

** Two of 17 brokerages rate the stock "buy" or higher, 13 "hold" and two "sell"; their median PT is $25 - LSEG

** Up to last close, HPQ down 11% YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10