Alcatel's (ALU) Recent Financing Deal is 'Huge Positive,' Gives Time for Turnaround - Analyst

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Go back to Alcatel's (ALU) Recent Financing Deal is 'Huge Positive,' Gives Time for Turnaround - Analyst

Recent Debt Deal Puts Analysts on Alcatel's (ALU) Side

January 4, 2013 12:36 PM EST

Alcatel-Lucent (NYSE: ALU) might have finally hit an upswing.

On Thursday, Credit Suisse upgraded the stock to Neutral with a price target boosted from 0.70 to 1.25. The firm commented that it likes... More