Nokia Downgraded By Vetr To 4 Stars

Vetr has downgraded Nokia Oyj (ADR) NOK from 4.5 stars to 4 stars.

Over the last six months, Nokia has traded up over 32.9 percent. The company has traded up over a handle since reaching a patent license and business cooperation agreement with Apple Inc. AAPL in order to settle a litigation dispute.

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Vetr members have given Nokia a Buy rating and a $7.10 price target. This price target is lower than the $10.49 price target from professional analysts. The company opened Thursday around $6.34.

57.1 percent of Vetr voters think that traders should buy Nokia stock.

For Vetr’s full analysis of Nokia, go here.