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      Baird Maintains Neutral Rating

      By Mark Evans | September 4, 2006

      Robert W Baird has maintained its ”neutral” rating on Nortel with a target price of C$2. The investment firm expects the $320-million sale of Nortel’s UMTS radio access business to Alcatel will be accretive by one to two cents a share, and it believes there is limited downside in Nortel’s share price from current levels.

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      Topics: Analyst Coverage |

       
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