Morgan Stanley Has Positive Outlook On Hewlett-Packard

In a report published Thursday, Morgan Stanley analyst Katy L. Huberty reiterated an Overweight rating and $36.00 price target on Hewlett-Packard HPQ. In the report, Morgan Stanley noted, “Revenue growth remains HP's top priority though management is confident it can grow EPS in 2015 regardless of revenue trends. HP's customer event showcased new innovation in high performance computing, all flash arrays, cloud, security, and big data.” Hewlett-Packard closed on Wednesday at $33.25.