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Enter Symbol:
 
Alcatel (ALU) [hlAlert]

Rating:
Underweight
ALU
down 59.52 %

Alcatel (ALU) rated Underweight by HSBC Securities

Posted on: Monday,  Feb 25, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Underweight Alcatel (NYSE: ALU) on 02/25/2013, when the stock price was $1.36. Since
then, Alcatel has gained 147.06% as of 09/01/2015's recent price of $3.36.
If you would have followed this HSBC Securities's recommendation on ALU, you would have lost 59.52% of your investment in 918 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.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/25/2013 8:25 AM Sell
None
1.36
as of 12/13/2013
1 Week down  -0.44 %
1 Month down  -11.05 %
3 Months down  -31.01 %
1 YTD down  -232.35 %

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