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Enter Symbol:
 
Nokia Corporation (NOK) [hlAlert]

Rating:
Underweight
NOK
up 39.87 %

Nokia Corporation (NOK) downgraded to Underweight by HSBC Securities

Posted on: Monday,  Feb 14, 2011  8:25 AM ET by HSBC Securities

HSBC Securities rated Underweight Nokia Corporation (NYSE: NOK) on 02/14/2011, when the stock price was $8.84. Since
then, Nokia Corporation has lost 28.51% as of 01/15/2016's recent price of $6.32.
If you would have followed this HSBC Securities's recommendation on NOK, you would have gained 39.87% of your investment in 1796 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.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/14/2011 8:25 AM Sell
None
8.84
as of 12/30/2011
1 Week up  2.03 %
1 Month up  16.75 %
3 Months up  14.84 %
1 YTD up  45.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/12/2009 8:25 AM Hold
None
15.06
9/17/2007 9:25 AM Buy
None
34.41

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