Strong Nokia (NOK) Lumia Sales are All Smoke and Mirrors - Analyst
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Nokia's (NOK) Lumia Sales Show Promise, But That's It - Canaccord Genuity
December 3, 2012 8:57 AM ESTCanaccord Genuity reiterated their Hold rating and $3 price target on Nokia (NYSE: NOK) on mixed initial Lumia sales.
"Our November channel checks indicated solid initial sales of Nokia's Lumia smartphones at AT&T and also in international markets," analyst T. Michael Walkley comments. "However, limited initial supply was cited as the reason for early post-launch stock-outs at some carriers versus overwhelming... More
