Indigo Equity Research Comments on HP
Indigo Equity Research provided color on HP (NYSE: HPQ) following HP's Q4 2011 earnings announcement in a research report published today.
In the report, Indigo Equity Research states, "HP focusing blame for these results on the macro environment is implausible. The CEO is spectacularly uninformative on strategy & details of how HP will be revitalized. Key concerns include the deteriorating sales trend and any turnaround will take a long time."
Shares of HP closed today at $26.65, down 0.78% from Monday's market close.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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