earnings-per-share estimates for the next two years to reflect lower sales and margins, according to news service
The firm trimmed Dell's 2001 EPS outlook to 87 cents from 92 cents and its 2002 EPS view to 90 cents from $1.05.
Reuters also said Bear Stearns expects outer PC-related companies to guide down estimates during earnings season.
did some rejiggering on its recommended list, returning
( SPK) to it and removing
Developers Diversified Realty
( WPL) was started at Goldman with a recommended list rating. Its EPS was set at $1.95 for 2001 and $2.35 for 2002.
: 2000 EPS view UP to $1.05 from 92 cents at
; and 2001 EPS view UP to $1.32 from $1.19.
: UP to strong buy from buy at
: 2001 EPS view UP to $1.10 from $1 at
and its 12-month price target UP to $46.25 from $30.
( CNF): DOWN to long-term attractive from buy at Robbie Stephens.
Bausch & Lomb
( BOL): 2000 EPS view DOWN to $2.54 from $2.59 at Goldman; and 2001 EPS view DOWN to $2.35 from $2.70.
( CNF): DOWN to market perform from outperform at Goldman.
( CK): 2000 EPS view DOWN to 89 cents from 91 cents at ABN Amro; and 2001 EPS view to 85 cents from $1.07.
: 2000 EPS view DOWN to $2.73 from $2.86 at
Credit Suisse First Boston
; and 2001 EPS view DOWN to $2.05 from $2.90.
: 2001 EPS view DOWN to $2 from $2.70 at Goldman.
: 2001 EPS view DOWN to $2.50 from $5 at Goldman.
: DOWN to outperform and price target cut to $34 at
Salomon Smith Barney
Starwood Hotels & Resorts
: DOWN to buy from strong buy at CSFB.
: fourth-quarter EPS DOWN to 50 cents from 65 cents at Goldman; and 2001 EPS DOWN to $3 from $3.30.
( VERT): DOWN to hold from accumulate at
and 12-month price target DOWN to $7 from $20.
American Electric Power
: NEW buy at CSFB; 12-month price target: $50.
: NEW outperform at Solly.
Goldman said it expected such beverage companies as
to meet fourth-quarter EPS estimates.
Goldman lowered ratings on two trucking companies to market performers from market outperformers: