HP Inc. price target raised to $35 from $32 at Barclays

Barclays raised the firm’s price target on HP Inc. (HPQ) to $35 from $32 and keeps an Equal Weight rating on the shares. The company’s fiscal Q4 was in-line the though the forward earnings outlook was a bit softer as both Print and PC recovery is pushed out, the analyst tells investors in a research note. The firm says HP’s PC margins are pressured on commodities and mix in the near term.