As rival Dell (DELL -8%) tumbles following FQ2 results, BMO's Keith Bachman is cutting...

|About: Dell Inc. (DELL)|By:, SA News Editor

As rival Dell (DELL -8%) tumbles following FQ2 results, BMO's Keith Bachman is cutting Hewlett-Packard (HPQ -2.3%) to Market Perform and lowering EPS estimates ahead of tomorrow's earnings. Bachman sees HP's revenue coming in below consensus on weak PC sales, and also believes a spin-off of the PC division is unlikely.