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Technology Stocks : SONS

SONS 7.830

+2.8%

Nov 28 4:00 PM EST

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From: John Hayman	5/1/2007 9:11:29 AM
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Sonus Networks cut at Lehman, EPS beat seen challenging By Aude Lagorce Last Update: 5:46 AM ET May 1, 2007 LONDON (MarketWatch) -- Lehman Brothers cut Sonus Networks (SONS : sonus networks inc com SONS7.73, -0.24, -3.0%) , a maker of voice and data communications hardware and software, to equal-weight from overweight and lowered its price target to $7.75 from $9, saying it'd be "challenging" for the company to beat earnings-per-share forecasts for the year. The broker told clients it would be more positive if the stock was around $6.50-$7 or if it could justify a more aggressive view on sales or margins, since voice over Internet is a growing market.

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