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HP Joins The Mega Tech Layoff Frenzy; Here’s A Look At Recent Price Target Cuts By The Most Accurate Analysts

HP Inc. (NYSE: HPQ) announced plans to reduce up to 6,000 jobs by the end of fiscal 2025. The company reported a 11% drop in revenue for the fourth quarter and also issued weak profit forecast for the current quarter. HP raised its quarterly dividend from $0.25 to $0.2625 per share.

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