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Analyst downgrades HP as it faces mobile pressures
Shares of Hewlett-Packard Co. fell on Friday after an analyst downgraded the stock because of worries that tablet computers and smartphones could hurt some of the technology company's businesses.In cutting his rating and price target, Peter Misek of Jefferies & Co. said that tablet computers such as Apple's iPad are likely to hurt HP's PC business.PC makers have been hoping for a boost later this
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