Friday, October 5, 2012

Analyst values HP's stock at negative $2, calls the company worthless

Analyst values HP's stock at negative $2, calls the company worthless

. Sterne Agee analyst Shaw Wu on Friday downgraded his recommendation of Hewlett-Packard (HPQ) to neutral, noting that the company is worthless and its stock should be valued at negative $2, Business Insider reported. The analyst called the company's balance sheet “a mess” and said its was “fortunate the stock's not zero.” .

Boy Genius Report , Analyst values HP's stock at negative $2, calls the company worthless, Analyst values HP's stock at negative $2, calls the company worthless

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