Hewlett-Packard (HWP) picked up some positive analyst reactions to its strong first-quarter earnings and revenue, released late yesterday. Credit Suisse First Boston upped H-P's 2000 earnings view and said it sees upside in the numbers. Deutsche Banc Alex. Brown upgraded the stock to strong buy from buy, and ABN Amro lifted its fiscal-fourth-quarter estimates.
First Boston upped
to strong buy from buy.
said it approved a 2-for-1 split.
increased its price-target range to 75 to 80, from 65 to 70.
to buy from long-term buy.
ABN Amro raised
to buy from outperform
Warburg Dillon Read
initiated coverage of
with a strong buy rating and a price target of 90.
to add from hold.
First Boston analyst Wendell H. Laidley resumed coverage of
as a strong buy.