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Enter Symbol:
 
Alcatel (ALU) [hlAlert]

Rating:
Hold ALU

Alcatel (ALU) rated Hold

Posted on: Thursday,  Nov 1, 2007  9:25 AM ET by Banc of America Sec

Alcatel-Lucent (ALU) rated Neutral
with price target $10 by Banc of America Sec.

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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2007 9:25 AM Hold
None
9.33 10.00
as of 12/24/2008
1 Week down  -0.41 %
1 Month up  28.72 %
3 Months up  22.22 %
1 YTD down  -54.76 %

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