Cowen Comments on Nokia (NOK) Following Q1 Results, CEO Appointment
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Cowen Raises PT on Nokia (NOK) to $8; Networks Upside Limited, But Other Units Will Contribute to L-T Growth
April 30, 2014 7:59 AM EDTCowen and Company raises its price target on Nokia (NYSE: NOK) from $7.50 up to $8 and affirms its Market Perform rating.
Analyst Timothy Arcuri noted Nokia's Q1 report of 2.66 billion in revs and EPS of .04 was mixed with his estimates. Networks non-IFRS operating margin of 9.3% easily topped Street and 5.0% midpoint... More
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 Corp. (NOK) Reports In-Line Q1 EPS; Updates Corporate Outlook
April 29, 2014 6:16 AM EDTNokia Corp. (NYSE: NOK) reported Q1 EPS of EUR0.04, in-line with the analyst estimate of EUR0.04. Revenue for the quarter came in at EUR2.66 billion versus the consensus estimate of EUR4.01 billion.
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