[at Barrons.com] – Argus Research’s Jim Kelleher today raised his rating on shares of Hewlett-Packard (HPQ) to Buy from Hold, with a $37 price target, following the company’s fiscal Q1 report last week, baed on “strong cash tends,” the prospect of gross margin improvement, and perhaps even the prospect of achieving margins as good as those of International Business Machines (IBM). In contrast to repeated calls from the Street to break up the company, CEO Meg … [visit site to read more]
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