Alcatel-Lucent Revenue Boost Seen From FX Tailwind
France-based Alcatel-Lucent’s (ALU) 2015 revenue will get a boost from currency exchange rates, says Citigroup, even as many U.S. tech firms lower estimates for the same FX reasons. Citigroup analyst Ehud Gelblum on Friday raised his price target on Alcatel-Lucent to 5.38 from 4.31. The telecom network gear maker’s long-beleaguered U.S. stock was up 3% in early trading in the stock market today, near 3.80. Shares have traded under 5 for almost