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Analysts Down on NT

Started by Mark Evans · 1 year ago

UBS has maintainted its “neutral” rating on Nortel but reduced its target price to $2.35 from $2.55. In a research note published last week, UBS said it is concerned about the absence of visibility of the revenue contribution from the NT-LG JV and large deferred revenue balance. Meanwhile, Prudential analyst Inder Singh has downgraded Nortel […] ... Continue reading »

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