Price Target Update

With Nortel rebounding from a record low of $5.73 recently, and its Q1 earnings being released on May 2, here’s a snapshot of what the analysts think of NT’s prospects:

Picture 1-74
I’m still curious about the analyst(s) holding out with a $31 stock-price target – if, in fact, this information is still accurate.

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  • x-nt
    most analysts have not updated. the moral of the story is they do not care anymore. I personally think its going back down to the $5 range.
  • ian
    i think i going to recover
    good management
    high fund positions on nt
    good revenue in 1q08
    good horizon for conectivity
    alredy devaluated only space to go up
  • moosebump
    the $31 target hasn't been updated since Sept and there is a $26 target that hasn't been adjusted since November. So no, there are no analysts quite that optimistic.
  • Observer
    We're in downward revision cycles. Maybe techs get a bump tomorrow b/c of Intel after hours today but I'd say its all very fleeting.
  • ian
    which are the consensus earnings for Q1 and how much the company need to give a surprise and realy jump his price?
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