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Enter Symbol:
 
Nokia Corporation (NOK) [hlAlert]

Rating:
Hold NOK

Nokia Corporation (NOK) downgraded to Hold by Argus

Posted on: Wednesday,  Sep 4, 2013  8:25 AM ET by Argus

Argus rated Hold Nokia Corporation (NYSE: NOK) on 09/04/2013. Previously Argus rated Buy Nokia Corporation
(NYSE: NOK) on 02/27/2013., when the stock price was $3.64. Since then, Nokia Corporation has gained 42.86% of its value until Argus rated NOK Buy on 09/04/2013, when the price was $5.20. .

Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2016 8:25 AM Buy
None
7.20 12.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  42.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2013 8:25 AM Hold
None
5.20
2/27/2013 8:25 AM Buy
None
3.64 6.00
12/21/2009 8:25 AM Hold
None
12.30

(*) Stock Price at the time of the recommendation.
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