Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Lehman Keeps Market Perform on Lucent

Lehamn brothers maintains its market perform rating on Lucent Technology (LU) and believes a fundamental bottom may be beginning to form for the stock.

Analyst Steven Levy says the worst of year-over-year declines are behind Lucent, even if its lack of growth is still uncertain. He says the risk of a liquidity crisis has diminished and he will continue to look for signs of sustainability of revenues, increasing gross profitability and futher improvements on balance sheet before upgrading.

He raised his $21.4 billion calendar 2001 revenue estimate to $25.7 billion and raised his $24.8 billion calendar 2002 estimate to $29.1 billion.

Levy maintains his market perform rating as the overall weakness of telecom industry and the relative fragility of the company itself makes it difficult for him to change his stance at this time.

blog comments powered by Disqus