By Tiernan Ray
Shares of Hewlett-Packard (HPQ) are off ten cents at $39.65 following the firm final night announced its head of enterprise income and marketing,
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This morning,
Office Professional Plus 2007 Key HP Coupons - Hewlett Packard Small Business St, the HP bulls are plainly unhappy with all the advancement, although distinct analysts see various degrees of severity towards the make any difference.
RBC Capital Markets’s Amit Daryanani this morning reiterates an Outperform rating on the shares and a $56 price target, writing that Hogan’s departure “may reignite investor concerns about management attrition at HP given the CEO transition,
Office Professional 2010 Key,” but that, “we don’t believe that HP’s fundamental ability to continue building its sales force, especially on the specialist side, or its ability to attack the total addressable market, is impacted by this.”
Keith Bachman with BMO Money is less sanguine. Hogan was probably one of the candidates for the CEO spot at HP before Leo Apotheker took over last fall, and so this is mostly about Hogan being unfulfilled at HP, he believes. Still,
Microsoft Office 2010 Key, Hogan was important to HP’s efforts: “Given concerns about PC and printer sustainable rev growth,
Office 2010 Professional Plus, we believe that the Enterprise division is very important for HP results over the next few decades,
Office Enterprise Key, and Tom had been helpful in driving results,” Bachman writes. “Nevertheless, we think Tom was an effective leader, and thus, his resignation does not reflect well on HPQ. Hence, our quick take is negative.”
Bachman, nevertheless, reiterates an Outperform rating on HP shares and a $51 price target.