"Hurd's resignation "substantially increases the company's operational risk and will create a period of uncertainty; therefore, we believe it is appropriate to reflect this risk in a lower valuation multiple afforded the company," said Susquehanna analyst Jeffrey Fidacaro, who cuts H-P's price target to $50 from $58."
I'm not a defender of HP, but that kind of behavior on the part of analysts strikes me as seriously irresponsible.
And thoroughly typical.
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