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Vetr Issues Strong Buy Rating On Nokia

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The Vetr crowd on Wednesday upgraded is rating on Nokia Oyj (ADR) (NYSE: NOK) from 3.5 stars (Buy), issued six days ago, to 5 stars (Strong Buy). Crowd sentiment at the time of the upgrade was mostly positive, with 85 percent of Vetr user ratings bullish.

The upgrade comes as shares of the telecom company hit a five-month low after the company spent most of 2017's second and third quarters at or near year-long highs. The stock started the final week of September dipping below $6.00 for the first time since May and finished today at $5.88.

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Currently, the Vetr crowd's average price target on Nokia is up at $7.00, which is still well below the average analyst price target of $10.49. Less than 2 percent of Vetr users are holding NOK in their watch-lists.

Latest Ratings for NOK

DateFirmActionFromTo
Oct 2018Canaccord GenuityUpgradesHoldBuy
Sep 2018Exane BNP ParibasDowngradesNeutralUnderperform
Sep 2018Credit SuisseUpgradesNeutralOutperform

View More Analyst Ratings for NOK
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Crowdsourcing Analyst Ratings General

 

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Latest Ratings

StockFirmActionPT
ALRMImperial CapitalUpgrades58.0
ANDXSunTrust Robinson HumphreyDowngrades41.0
CMANomuraDowngrades86.0
CSLLongbow ResearchUpgrades122.0
HBANNomuraDowngrades15.0
View the Latest Analytics Ratings
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