Morgan Stanley Resumes Coverage on Alcatal Lucent
January 09, 2014 at 07:52 AM EST
In 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 0.85x
