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Morgan Stanley On Alcatel: Asset Sale To Nokia Could Be Transformative
Tuesday, April 14, 2015 - 11:01am | 279Morgan Stanley on Tuesday issued a company note on Alcatel Lucent SA (ADR) (NYSE: ALU) after reports that Nokia Corporation (ADR) (NYSE: NOK) is in advanced discussions with Alcatel to buy its wireless business. Morgan Stanley rates Alcatel as Overweight while a price target is unavailable....
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UPDATE: Morgan Stanley Downgrades STMicroelectronics
Monday, October 13, 2014 - 3:22pm | 211Morgan Stanley downgraded STMicroelectronics NV (NYSE: STM) from Equal-weight to Underweight in a report issued Monday. The price target for the French shares was lowered from €5.60 to €4.60. Analyst Francois A. Meunier noted that the "shares are already reflecting a deceleration...
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UPDATE: Morgan Stanley Upgrades Alcatel Lucent
Monday, August 4, 2014 - 2:46pm | 164In a note released Monday, Morgan Stanley analyst Francois Meunier upgraded shares of Alcatel Lucent (NYSE: ALU) from Equal-weight to Overweight. Meunier noted that despite the belief that the company will not be able to hit its €7 billion target for core revenues, he is "increasingly...
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Morgan Stanley Comments On ARM's Q2 Miss
Tuesday, July 29, 2014 - 11:36am | 129Following last week's earnings miss by ARM (NASDAQ: ARMH), Morgan Stanley analyst Francois Meunier performed a more in-depth analysis of China's smartphone slowdown. Earlier Tuesday, Meunier issued a note explaining the implications of his analysis. Meunier said the smartphone...
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Morgan Stanley Resumes Coverage on Alcatal Lucent
Thursday, January 9, 2014 - 8:52am | 183In a report published Thursday, Morgan Stanley analyst Francois Meunier resumed coverage on Alcatal Lucent SA (NYSE: ALU) at Overweight, with a €3.70 PT. According to the report, a new €1bn net cash position alleviates balance sheet concerns. While shares no longer remain in value territory at 0....