Nokia Corp. (NOK) Reports In-Line Q1 EPS; Updates Corporate Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/11/2026
Go back to Nokia Corp. (NOK) Reports In-Line Q1 EPS; Updates Corporate Outlook
April 29, 2014 3:37 PM EDT
Canaccord 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
April 29, 2014 8:57 AM EDT
Wells 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
April 29, 2014 6:14 AM EDT
Having 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
