December 07, 2012 at 15:39 PM EST
HPQ, DELL: January-Qtr Estimates Need to Come Down, Says Mizuho
Mizuho Securities’s Abhey Lamba this afternoon continues the drumbeat of negative news for PC stocks, warning that his “checks” suggest the personal computer market “remains very weak due to consumer slowdown, cannibalization by tablets and high price points.” Lamba, who rates Hewlett-Packard (HPQ) shares Underperform, and rates Dell (DELL) Neutral, thinks estimates for both companies [...]
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