Sanford C. Bernstein upgraded shares of Alcatel Lucent (NYSE: ALU) from an underperform rating to a market perform rating in a research note issued to investors on Friday.

A number of other firms have also recently commented on ALU. Analysts at HSBC downgraded shares of Alcatel Lucent from a neutral rating to an underweight rating in a research note to investors on Monday, February 25th. Separately, analysts at Goldman Sachs reiterated a sell rating on shares of Alcatel Lucent in a research note to investors on Friday, February 22nd. Finally, analysts at UBS AG upgraded shares of Alcatel Lucent from an underweight rating to an overweight rating in a research note to investors on Friday, February 8th.

Shares of Alcatel Lucent opened at 1.39 on Friday. Alcatel Lucent has a 52 week low of $0.91 and a 52 week high of $2.48. The stock’s 50-day moving average is currently $1.59. The company’s market cap is $3.178 billion.

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