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lexmark international 185A company that makes printers and ink. How quaint.

Not only does Lexmark (LXK) face intense pricing pressure from competitors like Xerox (XRX), Hewlett-Packard (HPQ) and Canon (CAJ), but it’s burdened with a high debt load, too.

True, earnings are supposed to grow this year even as sales slump more than 6%, but the Street doesn’t expect the trend to last long. Lexmark has a projected long-term growth rate of -3.2%.

Of the 12 analysts covering the stock, three call it a “hold,” while nine say it’s a “sell.” The average price target stands at $27, making the implied downside 20% in the next 12 months or so.

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