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Stock Highlights: Patterson-UTI Energy Inc. (NASDAQ:PTEN), Alcatel Lucent SA (ADR) (NYSE:ALU), AT&T, Inc. (NYSE:T), Covisint Corporation (NASDAQ:COVS)

Stock Highlights: Patterson-UTI Energy Inc. (NASDAQ:PTEN), Alcatel Lucent SA (ADR) (NYSE:ALU), AT&T, Inc. (NYSE:T), Covisint Corporation (NASDAQ:COVS)
Written by
Charles Donlon
Published on
October 15, 2014
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Equities researchers at ISI Group began coverage on shares of Patterson-UTI Energy (NASDAQ:PTEN) in a research report issued on Tuesday. The firm set a “buy” rating on the stock. Patterson-UTI Energy Inc. (NASDAQ:PTEN) in last trading activity fell -5.30% to close at $21.72. Company weekly performance is -25.48% while its quarterly performance stands at -38.88%. Patterson-UTI Energy Inc. (NASDAQ:PTEN) is -43.33% away from its 52 week high.Nuage Networks, the Alcatel-Lucent SA (ADR) (NYSE:ALU) venture focused on software-defined networking (SDN) solutions, on Oct. 7 announced that OVH has selected the Nuage Networks Virtualized Services Platform (VSP) for deployment within and across its datacenters in Europe and in Canada in order to enable dedicated cloud services for their customers. On last trading day Alcatel Lucent SA (ADR) (NYSE:ALU) advanced 3.75% to close at $2.49. Its volatility for the week is 4.28% while volatility for the month is 2.82%. ALU's sales growth for past 5 years was -3.20% and its EPS growth for past 5 years was 24.80%. Alcatel Lucent SA (ADR) (NYSE:ALU) monthly performance is -24.09%.Morgan Stanley reiterated its "equal weight" rating of AT&T Inc. (NSYE:T) on Tuesday, and set a price target of $36 for the company. The firm's price target indicates a potential gain of 6.46% from the company's previous closing price. "Our EPS estimate of 64 cents is broadly in-line with consensus. We will be focused on the impact that recent initiatives to migrate customers to Mobile Share Value plans, and the Next program have had during a period of increased competition, and the iPhone launch," Morgan Stanley analyst Simon Flannery said. AT&T, Inc. (NYSE:T) in last trading activity advanced 0.06% to close at $33.84. Company weekly performance is -2.95% while its quarterly performance stands at -5.95%. AT&T, Inc. (NYSE:T) is -8.51% away from its 52 week high.Covisint Corporation (Nasdaq:COVS), provider of a B2B Cloud Platform that ensures trusted information gets where it needs to go securely and seamlessly, today announced that its chief security officer, Dave Miller, will speak on the topic of in-vehicle advertising at the J.D. Power 2014 Automotive Marketing Roundtable. Covisint Corporation (NASDAQ:COVS) has 82.50% insider ownership while its institutional ownership stands at 20.90%. In last trading activity company's stock closed at $2.62.Hospitality Properties Trust (NYSE:HPT) announced a quarterly dividend on Monday, October 13th. Stockholders of record on Friday, October 24th will be paid a dividend of 0.49 per share on Friday, November 21st. This represents a $1.96 annualized dividend and a dividend yield of 7.36%. On Tuesday shares of Hospitality Properties Trust (NYSE:HPT) closed at $27.17. Company's sales growth for last 5 years was 4.60% and EPS growth for next 5 years is recorded as 6.00%.

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