Larry Kent with Rubbing Crystal BallTomahawk, WI 4/4/2013 (Expedated) – Alcatel-Lucent (ALU) was upby some 10% today on news that Deutsche Bank’s Kai Korschelt raised his rating on the shares to Buy from Hold.

Korschelt set a price target of €1.80 on the ordinary shares traded in Paris (ALUPAR), after concluding that the company “has the key ingredients for a potentially successful turnaround: A new CEO with a solid cost-cutting track record, a likely positive revenue and margin inflection in 2013/14, and a termed out maturity profile.”

During a Silicon Valley event the company announced “Nuage Networks,” which is an effort to sell gear for so-called “software defined networks,” or SDN, an emerging area of competition between box makers. The press release for the announcement is posted on the company’s Web site.

Alcatel said trials of the unit’s “Virtualized Services Platform” will start this month with companies such as ExponentialeSFRTELUS and the University of Pittsburgh Medical Center, with worldwide availability by the middle of the year. The company aims to make it easier for companies to buy servers instead of buying routers from Cisco Systems (CSCO) and others:

Disclaimer: This article is intended for informational and entertainment use only, and should not be construed as professional investment advice. They are my opinions only. Trading stocks is risky — always be sure to know and understand your risk tolerance. You can incur substantial financial losses in any trade or investment. Always do your own due diligence before buying and selling any stock, and/or consult with a licensed financial adviser.

 

 

DISCLAIMER: This content is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.