1. Nomura rates Alcatel-Lucent from Neutral to Buy. (No Price Target)
2. Merrill Lynch raised their price target on Alcatel-Lucent from € 2.61 to € 2.93. Rating Buy.
3. JPMorgan raised their price target on Alcatel-Lucent from € 1.19 to € 1.40. Rating: Neutral
4. S & P Capital raised their price target on Alcatel-Lucent from € 0.90 to € 1.20. Rating: Sell
5. Exane BNP raised their price target on Alcatel-Lucent from € 0.40 to € 1 Rating: underperform
6. Cheuvreux Kepler classifies Alcatel-Lucent to Buy from Reduce high and increasing price target of € 1.20 to € 2.30.
Waiting for Citibank, Deutsche Bank, Goldman Sachs, Oddo, Jefferies...
I do not like the way this board is organized, the good informative topics are gone so fast on an active board and it's hard to find. Yahoo may want to implement something like voting (what they've already started) and pulls up the most important topics based on that rating.
Those ANALysts were all downgraded ALU at one time and now that the company is doing better, they all changed their expectations for the best. I would say: The hell with them.
Sentiment: Strong Buy
Actually, I think what the analysts are doing in revising upward makes perfect sense. Six months ago this was a company in disarray under a management team that did not fully understand its predicament and thereby allowed the stock to fall to near BK levels. Now we have a new CEO, he has announced his plan, started to take actions, and the analysts are concluding that this is a new ALU, and are rating the company accordingly. You don't recommend ALU just because it is ALU, you recommend it only when there is management in place that you believe knows how to make the company successful. Six months ago it did not have that, now it does.
Alcatel-Lucent : Credit Suisse raised its estimates
Analysts at Credit Suisse have sharply raised their price target 'of Alcatel-Lucent from 1.25 Euro to 1.9 Euro after the interim results. The adjustment is based on the new estimates operating margin expected to 1.1% this year and 3% in 2014 against 0.7% and 2% previously. Credit Suisse believes, however, that the equilibrium of free cash flow will not be achieved before 2015, what motivates a recommendation maintained at "Neutral".
For what it is worth, Alcatel Lucent (NYSE:ALU) was upgraded by equities researchers at Kepler Capital Markets from a “reduce” rating to a “buy” rating in a research report issued on Tuesday, Analyst Ratings Network reports.
Sentiment: Strong Buy
UBS raises target for Alcatel-Lucent to 1.90 euros - 'Neutral'
Swiss bank UBS has raised its target price for Alcatel-Lucent according to numbers from 1.60 to 1.90 euros, but the classification to "neutral." When network equipment providers now are the first steps back to apparent normality, an analyst Gareth Jenkins wrote in a study on Wednesday. Especially in sales the company had performed better than expected, raised the expert out. The market is now expected to raise revenues thanks to the stable, the recovery in the license business as well as falling costs its profit forecasts. The wizard raised his rating because of the reduced hole in the pension fund and the development of better outcome. / Fri / tav