HP2-B104 Braindumps

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HP HP2-B104 : HP Imaging and Printing Assessment and Design Exam

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Test Number : HP2-B104
Test Name : HP Imaging and Printing Assessment and Design
Vendor Name : HP
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HP Printing testing

purchase Corning, Juniper, and Casa, but promote HP, Analyst Says | HP2-B104 PDF Questions and Practice Questions

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An employee pulling a crucible of molten glass from a furnace at the Corning Inc. Sullivan Park Science & expertise middle in Corning, N.Y. Victor J. Blue/Bloomberg

Corning shares have been trading greater Thursday after Barclays analyst Tim lengthy raised his score on the distinctiveness glass maker to obese from Equal Weight.

The Boost changed into a part of a broader evaluation of the 2021 outlook for desktop hardware shares.

lengthy also upgraded Juniper Networks (ticker: JNPR) to obese from Equal Weight, boosting his goal to $28 from $24, and he lifted Casa methods (CASA) to obese from Equal Weight, with a new target of $9, up from $6. lengthy downgraded HP Inc. (HPQ) to Underweight from Equal Weight, preserving his $22 goal.

On Corning (GLW), “we see strength throughout companies,” with its screen glass section most favorable close time period,” he wrote. (note that different analysts are drawn to different elements of Corning’s business, together with glass for cell phones and vaccine vials.)

For Juniper, he expects wireless networking, metro routing, and the cloud to deliver upside. For Casa, a small-cap communications machine enterprise, he likes the company’s “diversification, execution, and working leverage.”

On HP, he sees “secular headwinds” forward in both its notebook and printing organizations, because the work-from-home tailwinds for PCs begins to fade.

lengthy also accelerated fee aims for some stocks. amongst overweight rated names, he boosted his target for F5 Networks (FFIV) to $235, from $215; for Keysight technologies (KEYS) to $161, from $135; for Motorola options (MSI), to $196, from $179; and for Pure Storage (PSTG), to $27, from $24. amongst Equal Weight rated shares, he raised his target for Apple (AAPL) to $116, from $a hundred; for Arista Networks (ANET) to $294, from $235; and for Harmonic (HLIT), to $8, from $7.

long notes that the hardware neighborhood had a blended performance in 2020, with Covid-19 benefiting some organizations and hurting others. practically half of the organizations had their profits possibilities enrich after preliminary shutdowns, led with the aid of Apple, Corning, and communications gadget company Ubiquiti (UI). but business hardware groups like Pure Storage and Arista saw reduced demand as buyers pulled returned amid common financial uncertainty.

The analyst elements out that fee/income multiples in 2020 elevated for many of the shares he follows, led by means of Apple, but he notes that almost all are beneath their three-year standard relative valuations versus the S&P 500. lengthy thinks “fundamentals will count in 2021,” with a macro recovery boosting the group.

His true pick is Motorola options, which he says should improvement from a pick up in spending from the general public protection sector. He says that F5 “has been a superb stock,” and he expects extra distinct enlargement because the company’s cloud and security revenues boost. He likes both Pure Storage and Ciena (CIEN) “as growth names,” and he thinks Keysight “will proceed to work” as electronics testing and design company’s increase extends neatly past 5G instant.

long notes that he “overlooked Apple once more” and contends that “the gap between fundamentals and valuation is diverging even further.” He expects a robust first half pushed through iPhones, Macs, and iPads, however he sees a greater challenging 2nd half.

He says that while the near-time period “looks decent” for both NetApp (NTAP) and Arista, he worries about competition for both searching extra out. He sees few catalysts for legacy hardware agencies Dell technologies (DELL) and Hewlett-Packard business (HPE). related to “stocks they don’t like” he cites Ubiquti, the place he thinks “valuation looks extended,”

among the shares the place lengthy made score adjustments, Corning become up 3%, to $38.30; Juniper become up 2.9%, to $24.18; Casa spiked $12.5%, to $7.95; and HP, regardless of the downgrade, became up 0.5%, to $25.84.

Write to Eric J. Savitz at eric.savitz@barrons.com


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