Analysts are backpedaling on
this morning, a day after the server maker
warned it would fall short of earnings and revenue estimates for its fiscal third quarter.
, which has the stock on its recommended list,
Credit Suisse First Boston
, which rates it a buy, and
, which rates it strong buy, have done the usual, cutting estimates to reflect company guidance. They all maintained their existing ratings.
downgraded the company to neutral from accumulate two days ago, did the same, writing in a comment today that "the magnitude of the reductions caught us by surprise."