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JPMorgan's Mark Moskowitz has cut his targets for 12 IT hardware companies, including Dell (DELL...

JPMorgan's Mark Moskowitz has cut his targets for 12 IT hardware companies, including Dell (DELL -3.8%), H-P (HPQ -1.1%), and Western Digital (WDC -3.1%). He cites weak Euro IT spending, Chinese growth worries, and the impact of a strong dollar on exports. Targets are also cut for Apple (AAPL), IBM, EMC, and NetApp (NTAP), but Moskowitz is more positive on their ability to weather the storm. (STX/WDC downgrade)
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Comments (1)
  • montanamark
    , contributor
    Comments (1435) | Send Message
     
    storm??? i thought we were in "recovery"
    28 Jun 2012, 01:35 PM Reply Like
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