Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Morgan Stanley Upbeat on H-P

Morgan Stanley says Hewlett-Packard (HPQ) is positioned for a strong fourth quarter.

Analyst Rebecca Runkle says that given strong demand, a new product line-up, and lean retail inventories in August and September, she thinks upside to consumer revenue estimates is likely. In addition, she says stabilizing demand along with completion of PartnerONE could drive strong sequential performance of Enterprise Systems Group in Europe. Runkle sees $1.45 fiscal 2004 (ending October) EPS, rising to $1.62 in fiscal 2005.She rates the stock overweight, and has a $24 price target.

blog comments powered by Disqus