Wells Fargo Securities Expects Solid Quarter and Outlook from Hewlett-Packard Company - HP (NYSE:HPQ)

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In a report published Tuesday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on

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Hewlett-Packard Company

(NYSE: HPQ).In the report, Wells Fargo Securities noted, “We believe HP will likely deliver FY14 net income and free cash flow growth even absent revenue growth. While some secular headwinds persist, we believe several catalysts such as new products, mix shift benefit to margins and potential activism/divestitures/M&A could drive multiple expansion.”Hewlett-Packard Company closed on Monday at $35.18.