Analysts at Morgan Keegan, Natixis Slap Sell Ratings on Nokia (NOK) Shares

September 22, 2010 8:13 AM EDT Send to a Friend
Get Alerts NOK Hot Sheet
Price: $8.19 +0.86%

Rating Summary:
    14 Buy, 22 Hold, 9 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 12 | New: 23
Trade NOK Now!
Join SI Premium – FREE
Shares of Nokia (NYSE: NOK) are indicated to open this morning's session in positive territory despite being downgraded at not one but two analyst firms earlier.
  • Morgan Keegan lowered the stock from Market Perform to Underperform
  • Natixis Bleichroeder lowered shares from Neutral to Reduce
The two downgrades follow news yesterday that the launch of Nokia's so-called "iPhone-killer," the N8 smartphone, will be delayed until sometime during October.

With about an hour left in this morning's pre-market session, Nokia shares are trading about 0.2% higher to $9.89.

Check out our new Ratings Central portal to get the most comprehensive analyst coverage on the net.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades

Related Entities

Natixis Bleichroeder, Morgan Keegan & Company

Add Your Comment