The following appears on cnbc.com
Shares of Hewlett-Packard have been under some serious pressure this year and, according to one top Wall Street analyst, the company could be in for a rough third-quarter earnings report as well.
Hewlett-Packard has dropped more than 30 percent in 2015, handily underperforming the broader market and the technology sector as a whole. The company is set to report third-quarter earnings Thursday after the bell, and according to Cantor Fitzgerald analyst Brian White, HP could turn in an “uninspiring performance.”
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“This is a stock that I think will remain challenged,” White told CNBC’s “Fast Money.” “Fundamentals will remain tough, as there’s a lot of competition in this market,” he added.
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