HP Inc. stock was down Tuesday after a Citi analyst downgraded shares of the computer maker on concerns of a prolonged recovery in both the PC and printer markets. Asiya Merchant downgraded shares of HP to Neutral from Buy and left her price target at $37.

HP also introduced a new line of artificial intelligence-powered two-in-one PCs featuring a new memory architecture that the company said delivers fast performance for complex workflows. The machines feature AI-enable videoconferencing and the ability to share pricey graphics processing units.

HP has unveiled plans to end some of the most common printing woes with the launch of a new service powered by AI. Designed to "change how the world prints", HP Print AI will look to make printing less of a chore,