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Alcatel (ALU) [hlAlert]

down 50.59 %

Alcatel (ALU) rated Underperform with price target $1 by RBC Capital Mkts

Posted on: Friday,  Feb 8, 2013  9:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Underperform Alcatel (NYSE: ALU) on 02/08/2013, when the stock price was $1.66. Since
then, Alcatel has gained 102.41% as of 09/01/2015's recent price of $3.36.
If you would have followed this RBC Capital Mkts's recommendation on ALU, you would have lost 50.59% of your investment in 935 days.

Alcatel Lucent provides product offerings that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end users. It offers fixed, mobile and converged broadband networking, Internet protocol (IP) technologies, applications and services. It has operations in more than 130 countries. The Company operates in three business segments: Carrier, Enterprise and Services. The Carrier segment supplies a portfolio of products and solutions used by fixed, wireless and convergent service providers, as well as enterprises and governments, for their business critical communications. This segment organized into seven business divisions: fixed access, Internet protocol (IP), optics, mobile access, code division multiple access (CDMA), applications and multicore.On October 7, 2008, the Company completed the acquisition of Motive, Inc.In July 2009, the Company acquired Velocix.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2013 9:25 AM Sell
1.66 1.00
as of 12/13/2013
1 Week down  -0.44 %
1 Month down  -11.05 %
3 Months down  -31.01 %
1 YTD down  -225.17 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/30/2012 2:25 PM Sell
1.50 1.00
12/10/2008 8:25 AM Hold
10/6/2008 9:25 AM Sell
3.30 3.00
9/29/2008 9:25 AM Hold
4.04 5.00
9/8/2008 8:25 AM Hold
5.40 6.00
1/22/2008 3:26 PM Hold
6.06 7.00
10/12/2007 9:25 AM Hold
9.86 12.00

(*) Stock Price at the time of the recommendation.
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