Applause for AlcaLu
"Our checks into the company's North American business suggest strong Wireless demand at AT&T, Verizon, and Sprint," Genovese writes. "We also believe Optical demand is strong at Verizon and ALU is successfully leveraging Wireless success into increased IP/backhaul business at both AT&T and Verizon."
Genovese put a $4-a-share price target on AlcaLu's stock, which closed today up $0.09 (3.38%) to $2.75. All the usual, and some random disclaimers apply.
— Phil Harvey, Editor-in-Chief, Light Reading