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Alcatel-Lucent (NYSE:ALU): Current Price: $1.37
The company’s stock was upgraded by investment analysts at Sanford C. Bernstein from Underperform to a Market perform, which caused a boost to the share price. Earlier, analysts at HSBC decided to downgrade the company to Underweight, as Goldman Sachs keeps its Sell rating on its stock. Alcatel-Lucent last issued its quarterly earnings data on February 7, reporting a loss of 70 cents per share for the quarter, missing the consensus estimate of a profit of 2 cents per share.
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