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Short Take: HP hits record high

Shares of Hewlett-Packard hit an all-time high April 24 after Prudential Securities analyst Donald Young raised his investment rating on the company to a "buy," Dow Jones reported. HP closed at 74.62, just shy of its 52-week high, for a gain of more than 8 points. It came as the Dow Jones Industrial Average fell about 80 points.

Shares of Hewlett-Packard hit an all-time high April 24 after Prudential Securities analyst Donald Young raised his investment rating on the company to a "buy," Dow Jones reported. HP closed at 74.62, just shy of its 52-week high, for a gain of more than 8 points. It came as the Dow Jones Industrial Average fell about 80 points.