Sterne Agee Maintains Hewlett-Packard Neutral

Sterne Agee maintained its Hewlett-Packard (NYSE: HPQ) Neutral rating in a research report published today.

In the report, Sterne Agee states, "We maintain our Neutral rating on HPQ as we are concerned with increased execution risk due to uncertainty surrounding its PC business as the company seeks for strategic alternatives including a spin-off or outright sale."

Shares of Hewlett-Packard were trading at $26.09 at the time of posting, up 0.15% from Tuesday's market close.