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Nokia Corporation (NOK) [hlAlert]

Rating:
Outperform
NOK
down 50.47 %

Nokia Corporation (NOK) rated Outperform with price target $16.50 by Wedbush Morgan

Posted on: Friday,  Feb 12, 2010  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Nokia Corporation (NYSE: NOK) on 02/12/2010, when the stock price was $12.76. Since
then, Nokia Corporation has lost 50.47% as of 01/15/2016's recent price of $6.32.
If you would have followed this Wedbush Morgan's recommendation on NOK, you would have lost 50.47% of your investment in 2163 days.

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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2010 9:25 AM Buy
None
12.76 16.50
as of 12/31/2010
1 Week up  5.17 %
1 Month up  16.79 %
3 Months up  7.47 %
1 YTD down  -15.51 %

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