JP Morgan downgrades HP due to chip shortages, trade tariff risk
https://www.cnbc.com/2018/10/05/jp-morgan-downgrades-hp-due-to-chip-shortages-trade-tariff-risk.html
HP will face a more difficult industry environment for its computer business in the next year, according to J.P. Morgan.
The firm lowered its rating to neutral from overweight for HP shares, predicting chip shortages and trade tariffs will hurt its sales growth.
JP Morgan downgrades HP due to chip shortages, trade tariff risk
Oct 5, 2018, 12:26pm UTC
https://www.cnbc.com/2018/10/05/jp-morgan-downgrades-hp-due-to-chip-shortages-trade-tariff-risk.html
> HP will face a more difficult industry environment for its computer business in the next year, according to J.P. Morgan.
> The firm lowered its rating to neutral from overweight for HP shares, predicting chip shortages and trade tariffs will hurt its sales growth.