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Enter Symbol:
Alcatel (ALU) [hlAlert]

Sell ALU
up 22.61 %

Alcatel (ALU) downgraded to Sell by Berenberg

Posted on: Friday,  Mar 7, 2014  8:25 AM ET by Berenberg

Berenberg rated Sell Alcatel (NYSE: ALU) on 03/07/2014, when the stock price was $4.12. Since then,
Alcatel has lost 18.45% as of 09/01/2015's recent price of $3.36.
If you would have followed this Berenberg's recommendation on ALU, you would have gained 22.61% of your investment in 543 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.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/7/2014 8:25 AM Sell
as of 10/17/2014
1 Week up  0.82 %
1 Month up  27.92 %
3 Months up  31.81 %
1 YTD up  41.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/11/2013 8:25 AM Hold

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