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Alcatel Lucent (NYSE:ALU) was downgraded by stock analysts at Natixis from a “buy” rating to a “neutral” rating in a report issued on Wednesday, Analyst Ratings Network.com reports.

ALU has been the subject of a number of other recent research reports. Analysts at Morgan Stanley initiated coverage on shares of Alcatel Lucent in a research note to investors on Thursday, January 9th. They set an “overweight” rating on the stock. Separately, analysts at Deutsche Bank downgraded shares of Alcatel Lucent from a “buy” rating to a “hold” rating in a research note to investors on Thursday, January 9th. Finally, analysts at Citigroup Inc. upgraded shares of Alcatel Lucent from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, December 10th. They now have a $6.75 price target on the stock, up previously from $5.51. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $3.57.

Shares of Alcatel Lucent (NYSE:ALU) traded down 1.09% during mid-day trading on Wednesday, hitting $4.3125. 6,310,354 shares of the company’s stock traded hands. Alcatel Lucent has a 52-week low of $1.27 and a 52-week high of $4.68. The stock has a 50-day moving average of $4.43 and a 200-day moving average of $3.4. The company’s market cap is $9.823 billion.

Alcatel Lucent (NYSE:ALU) last announced its earnings results on Thursday, October 31st. The company reported ($0.11) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.07) by $0.04. The company had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $4.87 billion. During the same quarter last year, the company posted ($0.06) earnings per share. Alcatel Lucent’s revenue was up 2.0% compared to the same quarter last year. Analysts expect that Alcatel Lucent will post $-0.59 EPS for the current fiscal year.

Alcatel Lucent is engaged in mobile, fixed, Internet Protocol (NYSE:ALU) and optics technologies, applications and services.

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