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Goldman Sachs Downgrades Hewlett-Packard (HPQ) to Sell

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Goldman Sachs Cuts Dell (DELL) Estimates

April 2, 2013 10:06 AM EDT

Goldman Sachs lowered Dell (Nasdaq: DELL) earnings estimates to reflect what it sees as weaker than expected PC sales.

"Our revised PC forecast now calls for 2013 unit declines of 3.8%, down from our prior forecast of 0.5%," said analyst Bill Shope. "This assumes a 1H2013... More