Barclays Cuts Nokia (NOK) to Underweight; Underlying Smartphone Weakness is Concerning
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Price: $10.76 +1.89%
Rating Summary:
24 Buy, 13 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
24 Buy, 13 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Barclays downgrades Nokia (NYSE: NOK) from Equalweight to Underweight, moving its price target from €2.15 up to €2.50.
The firm cuts weak underlying trends in smartphones overshadowed by success in networks and operating expense cuts.
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 $4.70 yesterday.
The firm cuts weak underlying trends in smartphones overshadowed by success in networks and operating expense cuts.
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 $4.70 yesterday.
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