Credit Suisse analyst Shannon Cross downgraded HP Inc. to Neutral from Outperform with an unchanged price target of $33. The analyst believes the company’s revenue and margins will be “challenged near term” by weakening consumer sentiment, pressure on selling prices as a result of lower demand and better supply, slower enterprise demand near term for PCs and printing as IT budgets prioritize hybrid cloud, security and software solutions, and macroeconomic uncertainty. The latter is impacting buying decisions for 3D printing and commercial print, Cross tells investors in a research note.