alcatel lucent

UPGRADES Deutsche Bank lifts Alcatel-Lucent (NYSE: ALU) from Hold to Buy, keeping its price target of €2. Click Here for more color.

Piper Jaffray raises General Motors (NYSE: GM) from Neutral to Overweight, its price target boosted from $24.50 to $31.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Alcatel-Lucent (NYSE: ALU) high of $6.12.
  
  Alcatel is seeing a bid today following a Morgan Stanley upgrade. Morgan Stanley expects Alcatel to post profit of €19 million in Q111 versus a pretax loss of €52 million.
  
  Notably, this would be the first first-quarter profit for Alcatel since 2007. Morgan Stanley also increased Alcatel's price target to €3.90, tied for the highest on the Street.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Alcatel-Lucent (NYSE: ALU) high of $5.44.
  
  Moving over 3.6% higher today as speculation surrounds a possible takeover bid from a Chinese company. Huawei Technologies, one of China's largest makers of telephone network equipment, has since denied the rumor, though there are several other large companies that may have the gumption to make a run at it.
• Hercules Offshore, Inc.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Williams Companies, Inc.
  
  (NYSE: WMB) high of $30.95. Making a solid move today following an announcement yesterday that the company sought to split into two separate companies, and boosted their dividend 60%.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Alcatel-Lucent (NYSE: ALU) high of $4.88.
  
  Hitting a new 52-week high on some solid volume today. Shares surged 8.7% to the high, which may be due in part to a press release from Altair Semit (Nasdaq: ALTR) in which they have successfully completed interoperability (IOT) testing in emerging markets.
  
  ALU shares are up over 36% since their quarterly report in mid-February.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• JDS Uniphase Corporation (Nasdaq: JDSU) high of $27.95.
  
  Shares are continuing their rally today, as investors are speculating that they may be stealing a little optical communications business from Cisco's (Nasdaq: CSCO).

UPGRADES Deutsche Bank upgraded Interpublic Group (NYSE: IPG) to Buy, with a price target increased from $11 to $15. Click Here for more color.

Citi upgrades Flour (NYSE: FLR) shares from Hold to Buy.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Alcatel-Lucent (NYSE: ALU) high of $4.39.
  
  Making a big move higher today following fourth quarter 2010 earnings out of the company. ALU reported Q4 EPS of €0.14, versus €0.02 reported for the same period a year ago.
  
  Revenue for the quarter was €4.862 billion, compared to €3.97 billion in Q409. Shares jumped 23% to the high today.
• eBay Inc.

UPGRADES Canaccord Genuity upgrades NetApp (Nasdaq: NTAP) from Hold to Buy, with a price target boosted from $40.50 to $56. Click Here for more color.

J. P. Morgan upgrades Allegheny Technologies (NYSE: ATI) from Neutral to Overweight, maintaining a price target of $58.

UPGRADES Jefferies upgrades Alcatel Lucent (NYSE: ALU) from Underperform to Buy and raises their price target from €1.50 to €3.50. Click Here for more color.

Morgan Stanley upgrades Western Refining (NYSE: WNR) from Equalweight to Overweight.