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

September 22, 2010 8:13 AM EDT
Get Alerts NOK Hot Sheet
Price: $4.67 -0.21%

Rating Summary:
    17 Buy, 25 Hold, 6 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 19 | Down: 19 | New: 13
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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.

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Natixis Bleichroeder, Morgan Keegan & Company

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