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Enter Symbol:
 
Alcatel (ALU) [hlAlert]

Rating:
Neutral ALU
down 48.18 %

Alcatel (ALU) upgraded to Neutral by Exane BNP Paribas

Posted on: Monday,  Nov 4, 2013  8:25 AM ET by Exane BNP Paribas

Exane BNP Paribas rated Neutral Alcatel (NYSE: ALU) on 11/04/2013. Previously Exane BNP Paribas rated Underperform Alcatel (NYSE: ALU) on 06/20/2013.,
when the stock price was $2.00. Since then, Alcatel has gained 93.00% as of 11/04/2013's recent price of $3.86.
If you would have followed the previous Exane BNP Paribas's recommendation on ALU, you would have lost 48.18% of your investment in 137 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.

Exane BNP Paribas
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/4/2013 8:25 AM Hold
None
3.86
as of 12/13/2013
1 Week   
1 Month   
3 Months down  -11.88 %
1 YTD down  -93.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/20/2013 8:25 AM Sell
None
2.00

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