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UBS Raises 2007 Estimates, Target Price

Started by Mark Evans · 1 year ago

Citing Nortel’s prospects in the CDMA business this year, UBS Securities has raised its EPS and revenue targets to $12.12-billion and $0.66 respectively from $11.96-billion and $0.56. UBS also raised its stock target price to $26 from $23.50.

In 2008, UBS is looking for revenue and EPS targets to $12.4-billion and $1.50 compared with earlier estimates […] ... Continue reading »

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