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Morgan Stanley Downgrades Nortel

Started by Mark Evans · 1 year ago

Morgan Stanley analyst Scott Coleman has downgraded Nortel to “equal-weight/in-line” from “overweight/in-line”, and reduced his revenue and EPS forecasts for 2006. In a research note, Coleman said the downgrade was prompted by a decision to reduce revenue estimates after a “deep dive” into the Indian wireless market ... Continue reading »

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