I can't believe that Prudential reiterates a Strong Buy recommendation on CPQ.
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COMPAQ COMPUTER
4/12/99 Bear Stearns downgrade buy to attractive, lowered estimates on disappointing news
4/12/99 Brown Brothers reiterates buy ST, buy LT., cut #s
4/12/99 BT/Alex. Brown downgraded from buy to marketperform on 1Q shortfall, lowered 1999 to $1, 2000 to $1.25
4/12/99 CIBC/Oppenheimer reiterates buy, lowered estimate, more details after conference call
4/12/99 DLJ reiterates market perform, target $45, announce 1Q EPS of $.15 vs street $.31, revenues $9.4B vs. street estimate of $9.7B
4/12/99 First Boston reiterates buy, lowered 1999 from $1.70 to $1.25, 1Q revenue like to fall short of forecast
4/12/99 Goldman Sachs downgraded from recommended list buy to marketperform, lowered 1999 from $1.70 to $1.15
4/12/99 Merrill Lynch reiterates 3-1 rating, disappointing news
4/12/99 Morgan Stanley Dean Witter downgraded from outperform to neutral, pre-announced earnings shortfall
4/12/99 Paine Webber reiterates neutral, lowered 1999 from $1.85 to $1.80, price war likely
4/12/99 Prudential reiterates strong buy
4/12/99 Prudential reiterates strong buy, target $49, lowered 1999 from $1.80 to $1.40, 2000 from $2.40 to $1.95
4/12/99 S & P Market Scope reiterates accumulate on 1st qtr disappointing pre-announcement
4/12/99 Salomon Smith Barney downgraded from buy-high to neutral-high risk on disappointing pre-release
4/12/99 SoundView reiterates buy, lowering our preliminary outlook for revenue & EPS substanially
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