HP Strengthens Digital Ecosystem Control With Vyopta Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
HP Acquires Vyopta: HP Inc. announced the acquisition of Vyopta, a collaboration management solutions provider, to enhance its Workforce Experience Platform and expand its application management capabilities.
Financial Performance: HP reported a 2.4% revenue growth in Q3, reaching $13.52 billion, with stock performance showing a 36% increase over the past year despite a slight premarket decline.
Analyst Views on FCFY
Wall Street analysts forecast FCFY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCFY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
