Saturday, July 14, 2012

Nokia: Bernstein Sees Further Risks; Cuts Target Price

How low can Nokia's shares go? Well, a lot lower, if you believe Bernstein analyst Pierre Ferragu. This morning, the analyst repeated his Underperform rating on the stock, trimming his price target to $1.56, from $2.63. He also reduced his EPS estimates.

Read the whole article...

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