schreef:
NOK was flooded with bullish attention this morning, after noting that strong sales of its new Lumia smartphone have resulted in better-than-anticipated fourth-quarter earnings. Canaccord Genuity raised its price target to $4 from $3, while BMO, Kepler, Nomura, Credit Suisse, UBS, Exane BNP Paribas, and MKM Partners also issued upward price-target adjustments. The stock is up nearly 13% so far this year, yet most of the covering analysts remain wary of NOK. Only one has deemed the equity worthy of a "strong buy" endorsement, compared to 11 "holds," and nine "sell" or worse suggestions. This leaves plenty of room for future upgrades, which could push the shares higher.