What did Bank of America change in the HPQ analyst rating?

Bank of America downgraded HP Inc. from **Buy** to **Underperform** on **February 3, 2026**. The public note did not include a new price target, which leaves the HPQ analyst rating without a fresh numeric target.

How should investors interpret the HPQ analyst rating downgrade?

An Underperform rating signals BofA expects HPQ to lag peers. Investors should reassess exposure, watch key catalysts, and avoid trading solely on the HPQ analyst rating without broader analysis.

Did the downgrade include a new HPQ price target?

No. The Bank of America note summarized by StreetInsider did not publish a new price target. The absence of a target makes the HPQ analyst rating more about relative outlook than a specific valuation call.

Where can I follow updates to the HPQ analyst rating?

Watch major broker notes and real-time feeds. Meyka AI tracks analyst moves and rates HPQ **B+**, which helps place the HPQ analyst rating in a broader context.

Analyst Ratings

Bank of America Downgrades HP Inc. (HPQ) to Underperform Feb 2026

ByHuzaifa Zahoor February 4, 2026

Bank of America downgraded HP Inc. (HPQ) from Buy to Underperform on February 3, 2026. The update is the latest move in analyst coverage and directly affects the HPQ analyst rating for investors tracking the stock. BofA did not publish a new price target in its public note, and StreetInsider carried the firm’s note source. This change follows management and demand concerns reported by the market and cited by other outlets source.