« What’s Nortel? | Main | Nortel Shares on the Rise »
RBC Raises Target Price
By Mark Evans | February 16, 2007
According to Seeking Alpha, RBC Capital analyst Mark Sue has increased his price target to $32 from $28 based on his belief Nortel is “slowly starting to turn the corner,” and that the company “has worked steadily to increase its relevance with major customers.” Sue rates Nortel as a “sector perform”.
Topics: Analyst Coverage |