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The Latest Breaking News from Erik Woodring

Top Financial Stories Thursday, September 1: Netflix Weighs Charging High Sum For Ads, Self Harm posts Grow On Twitter, California Fast-Food Bill Faces Industry Backlash…

Wall Street Journal

HP Analysts Slash Price Targets After Q3 Earnings To Reflect Demand Slowdown

HP Analysts Slash Price Targets After Q3 Earnings To Reflect Demand Slowdown

HP Inc's (NYSE: HPQ)

'Modestly Better': 4 IBM Analysts React To Impressive Earnings Report

'Modestly Better': 4 IBM Analysts React To Impressive Earnings Report

IBM (NYSE: IBM) shares traded higher by 7.7% on Wednesday after the company reported a first-quarter earnings beat as it continues to restructure its company.

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Here's Why Morgan Stanley Is Bullish On IBM

Morgan Stanley analyst Erik Woodring upgraded the rating on International Business Machines Corp (NYSE:IBM) to Overweight from Equal-weight, with a price target boost to $150 from $147 (16% upside). Woodring saw IBM as a reliable "defensive play" amid more significant risks in the tech sector. IBM will likely outperform in Q1 in a scenario of…

Morgan Stanley Downgrades HP On Potentially Lower Hardware Spend

The hardware industry is at risk of losing market share to other technology sub-industries due to greater macro uncertainty, “leaving us incrementally more cautious on the group in 2022,” according to Morgan Stanley.

Here's Why Morgan Stanley Downgraded Dell

Morgan Stanley analyst Erik Woodring downgraded Dell Technologies Inc (NYSE:DELL) to Equal Weight from Overweight with a price target of $60, down from $66 (10.5% upside). The analyst noted that the 2022 outlook for data center infrastructure is strong, but cracks are occurring in the PC outlook. Woodring noted the valuation is likely to be…

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