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Wolfe Research Downgrades Northrop Grumman to Peer Perform

Wolfe Research analyst Myles Walton downgrades Northrop Grumman (NYSE:NOC) from Outperform to Peer Perform.
byBenzinga Newsdesk
January 27, 2023
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Wolfe Research analyst Myles Walton downgrades Northrop Grumman (NYSE:NOC) from Outperform to Peer Perform.

 
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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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