Barclays Downgrades Nokia (NOK) to Equalweight; Cites Deterioration in 'Core Mobile Phones'

April 13, 2012 7:27 AM EDT
Get Alerts NOK Hot Sheet
Price: $10.76 --0%

Rating Summary:
    24 Buy, 13 Hold, 6 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 12 | New: 19
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Barclays downgraded Nokia (NYSE: NOK) to Equalweight with a price target of $4 (from $8 previously).

Deterioration in core mobile phones significantly worse than anticipated.

For an analyst ratings summary and ratings history on Nokia click here. For more ratings news on Nokia click here.

Shares of Nokia closed at $4.23 yesterday.


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