Intel Corp (INTC)

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PC Market Slump Drags On HP Ahead Of Fiscal Q1 Report
http://www.investors.com/news/technology/click/pc-market-slump-drags-on-hp-ahead-of-fiscal-q1-report/

RBC Capital Markets analyst Amit Daryanani...
“Recent PC-centric data points suggest to us that not just demand is soft, but there is also a continued PC inventory overhang, especially in Europe, that could negatively impact results in first half 2016,”
...
Sterne Agee CRT analyst Rob Cihra reiterated his neutral rating on HP stock but cut his price target to 11 from 14.

“While global PC demand remains weak and supply/demand negative starting calendar 2016, we actually believe HP’s PC inventories are in better shape than most, an ironic product of its weaker share in China,” Cihra said in a report. “But we still see a particularly weak start to the year.”