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

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Credit Suisse Upgrades Alcatel (ALU) to Neutral; Debt Agreement Makes Co. Viable

January 3, 2013 10:07 AM EST

Alcatel-Lucent (NYSE: ALU) is higher on the session following an upgrade issued overnight.

Credit Suisse raised its rating on Alcatel from Underperform to Neutral, boosting its price target from 0.70 up to 1.25.

Credit Suisse commented that while Alcatel is likely to... More

Credit Suisse Upgrades Alcatel-Lucent (ALU) to Neutral

January 3, 2013 6:52 AM EST

Credit Suisse upgraded Alcatel-Lucent (NYSE: ALU) from Underperform to Neutral.

For an analyst ratings summary and ratings history on Alcatel-Lucent click here. For more ratings news on Alcatel-Lucent click here.

Shares of Alcatel-Lucent closed at $1.40 yesterday, with a 52 week range of $0.91-$2.66.... More

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

December 27, 2012 12:02 PM EST

Alcatel-Lucent (NYSE: ALU) shares are higher on the session Thursday following positive comments over its recent financing agreement with Goldman Sachs and Credit Suisse.

According to analyst Christian Schwab at Craig-Hallum, the 1.6 billion (about $2.1 billion) facility is a "huge positive" as it give Alcatel time to implement a turnaround plan and "should eliminate near... More

Alcatel-Lucent (ALU) Buys Itself Time But Trajectory Remains Unchanged

December 17, 2012 1:30 PM EST

Alcatel-Lucent, S.A. (NYSE: ALU) shares moved higher for the second day in a row after a $1.615 billion credit deal was reached on Friday.

Commenting on the... More