HP Shares Climb Thursday as Brokerages Raise Price Targets

Shares of HP   (HPQ) - Get Report climbed nearly seven percent Thursday as several brokerages raised their price targets on the company's stock, according to Barron's. Citigroup boosted its price target to $13 from $11, citing the recent rally in HP's stock. Citigroup also repeated its neutral rating on the stock. Barron's reports other brokerages raised their price targets as well.  HP Inc. reported second quarter earnings of $0.41 a share on Thursday, beating estimates. But, revenue missed Wall Street projections. Still, the company's stock rose on the results.