Nokia Corp. (NOK) Reports In-Line Q1 EPS; Updates Corporate Outlook
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Nokia (NOK) PT Raised to Canaccord Genuity
April 29, 2014 3:37 PM EDTCanaccord Genuity analyst Michael Walkley bumped his price target on Buy-rated Nokia (NYSE: NOK) to $10.25 (from $10.00) following earnings and the announcement of a new CEO.
Walkley comments, "Nokia named Rajeev Suri President and CEO and announced its new strategy for the three divisions and 5B program to... More
Wells Fargo Comments on Nokia's (NOK) Q1
April 29, 2014 8:57 AM EDTWells Fargo reiterated a Market Perform Nokia (NYSE: NOK) with a price target of $$6.80-$7.50.
Analyst Maynard Um said, "Overall results were largely in line, with upside driven by Networks operating margin. We believe if not for the EUR 5B capital allocation... More
Nokia (NOK) Appoints Rajeev Suri as CEO; Updates on Strategy; Restarts Dividends
April 29, 2014 6:14 AM EDTHaving completed the sale of substantially all of its Devices & Services business to Microsoft on April 25, 2014, Nokia (NYSE: NOK) announced the following:
- The appointment of Rajeev Suri as President and Chief Executive Officer, effective May 1, 2014;
- A vision to be a leader in technologies important in a connected world;
- A strategy to realize that vision by building on Nokia's three strong businesses in networks, location and technologies;
- Plans for a EUR 5 billion program to optimize its capital structure, including the Nokia Board's proposal to the Annual... More
