Folks, some things missed in the rush of Google’s (GOOG) big announcement, and Hewlett-Packard’s (HPQ) somewhat smaller announcement:
Rising:

Shares of Polycom (PLCM) are up $2.58, or 7%, at $40.76 in late trading after the company reported Q4 revenue and earnings per share above estimates. Revenue rose 27% to $340 million, versus [...]

Article courtesy of BARRONS.com: Tech Trader Daily

UBS Securities analyst Maynard Um this afternoon raised his rating on Hewlett-Packard (HPQ) to Buy from Neutral, while raising his price target to $52 from $48, writing that he sees improving growth prospects for the firm and a “refined strategy for margin expansion” under recently minted CEO Leo Apotheker.
Um raised [...]

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Folks, I’m en route to Las Vegas for the Consumer Electronics Show.
The monorail! The pyramid! The New York, New York!
All that good stuff, plus week-long coverage of all the gadgets and all the announcements — from the likes of Hewlett-Packard (HPQ), Microsoft (MSFT), Google (GOOG), Research in Motion [...]

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In a 29-page outlook report today, RBC Capital analyst Amit Daryanani writes that 2011 will see an abatement of recovery trades, and a turn toward companies that offer true “secular” growth without relying upon “pent-up demand.”
His picks include Hewlett-Packard (HPQ), to which he assigns an Outperform rating and a $56 [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Morgan Stanley hardware analyst Katy Huberty today reiterated an Overweight rating on shares of Hewlett-Packard (HPQ), and a price target of $57, just above the $54 she calculates the company is worth on a sum-of-the-parts basis.
The stock is giving no credit to the PC business nor to the printer business, [...]

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Bloomberg’s Phil Milford this afternoon reports that former Hewlett-Packard (HPQ) CEO Mark Hurd has asked a Delaware court that his name be added to a shareholder lawsuit against HP, in order to retrieve a sensitive letter contained in HP documents, to which plaintiffs are demanding access.
Hurd is concerned about a [...]

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With a bad pun — “catalyst for change” — Hewlett Packard (HPQ) today offered to take 20% off of various models of networking equipment when you trade in your Cisco Systems (CSCO) equipment.
The company says its own data suggests there is $9 billion of Cisco equipment headed for end of [...]

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With shares of Hewlett-Packard (HPQ) down 19%, investors may be wondering, “What is wrong with this stock!?!”
Nothing, says Gleacher & Co. analyst Brian Marshall, who today reiterated a Buy recommendation on the shares and a $54 price target.
Marshall notes the company’s acquisitiveness this year — its purchase of Palm and [...]

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Following on Nomura Securities’s Romit Shah’s dour note on semiconductor stocks last Thursday, his colleague Richard Windsor advises that PC makers, handset makers, and distributors all have better value in their stocks than do the chip makers feeding those products.
Windsor likes Hewlett-Packard (HPQ) stock, as well as the Taiwan-traded shares [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Mainstays of tech are falling broadly, albeit on extremely light volume, with the Nasdaq down about 8 points at 2,536, and scant news this morning.
Hewlett-Packard (HPQ) was down 47 cents, or 1%, at $43.27, as investors continue to chew on Monday’s better-than-expected Q4 results, but also some cautious words from [...]

Article courtesy of BARRONS.com: Tech Trader Daily