Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.650

-2.9%

Nov 14 9:30 AM EST

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To: The Phoenix who wrote (12103)	1/6/2000 4:21:00 PM
From: Rob Preuss	Read Replies (4) of 21876

[Lehman price target on LU: $95/share.] Thursday January 6, 12:10 pm Eastern Time RESEARCH ALERT - Lucent price target raised to $95 NEW YORK, Jan 6 (Reuters) - Lehman Brothers on Thursday said it had raised the price target for Lucent Technologies Inc. (NYSE:LU - news) to $95 from $90. -- Calendar 2001 revenues are estimated at $54.9 billion, compared to $45.3 billion for 2000. -- A 2001 earnings per share estimate was set at $1.87. EPS estimate for 2000 remains at $1.53. -- Shares of Lucent were down 1-5/8 at 71 in trade on the New York Stock Exchange.

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