HP Investors Heave Sigh of Relief, but Challenges Remain

Tickers in this article: HPQ

Nonetheless, the analyst maintained his 'neutral' rating on the ailing tech titan, citing weakness in PCs and printing that shows no sign of abating, as well as lackluster growth in areas such as software and services.

HP investors may have welcomed the company's first-quarter results, but there's clearly more pain ahead.

--Written by James Rogers in New York.

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