** Shares of PC and printer maker HP Inc HPQ.N fall nearly 2.7% to $24.90 premarket

** Co beat analysts' estimates for the second-quarter revenue and profit on Wednesday, helped by strong demand for AI-optimized personal computers, but warned that rising memory costs would pressure margins

**J.P. Morgan raises PT by $4 to $26; maintains a "Neutral" stance on the stock

** Brokerage says investor caution may persist due to a more pronounced, likely temporary PC pull-forward relative to servers and networking, alongside rising, broadening input cost pressures that raise concerns into 2027

** Co's Q2 revenue rose 9% to $14.41 bln from a year ago, beating LSEG-compiled analysts' average estimate of $14.07 bln

** Average rating of nineteen analysts is "hold"; with a median PT of $20 - data compiled by LSEG

** Up to last close, stock up ~14% YTD