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Enter Symbol:
 
Alcatel (ALU) [hlAlert]

Rating:
Neutral ALU
up 63.44 %

Alcatel (ALU) downgraded to Neutral with price target $5 by Robert W. Baird

Posted on: Wednesday,  Sep 23, 2009  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Neutral Alcatel (NYSE: ALU) on 09/23/2009. Previously Robert W. Baird rated Outperform Alcatel (NYSE: ALU) on 05/06/2009.,
when the stock price was $2.79. Since then, Alcatel has gained 63.44% as of 09/23/2009's recent price of $4.56.
If you would have followed the previous Robert W. Baird's recommendation on ALU, you would have gained 63.44% of your investment in 140 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2009 8:25 AM Hold
None
4.56 5.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  63.44 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2009 8:25 AM Buy
None
2.79 4.00
3/13/2009 8:25 AM Buy
None
1.52 3.00
2/8/2008 1:25 PM Hold
None
5.94 7.00
9/13/2007 1:25 PM Hold
None
9.22 9.00
7/31/2007 3:25 PM Hold
None
11.64 13.00

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