Salomon cuts Sun Micro to neutral

Friday Jan 12th 2001 by ServerWatch Staff
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Salomon Smith Barney on Friday said it cut its rating on fast-growing computer maker Sun Microsystems Inc. to neutral from buy and slashed its target price on the stock due to the risk that business computer spending will slow.

"Salomon Smith Barney on Friday said it cut its rating on fast-growing computer maker Sun Microsystems Inc. to neutral from buy and slashed its target price on the stock due to the risk that business computer spending will slow."

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