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Enter Symbol:
Alcatel (ALU) [hlAlert]

Market Perform

Alcatel (ALU) rated Market Perform with price target $7 by BMO Capital Markets

Posted on: Monday,  Feb 11, 2008  10:25 AM ET by BMO Capital Markets

Alcatel (ALU) rated Market
Perform with price target $7 by BMO Capital Markets.

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
2/11/2008 10:25 AM Hold
5.88 7.00
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 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2007 11:25 AM Hold
9.21 12.00
8/1/2007 11:25 AM Hold
11.79 13.00

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