Nokia Oyj (ADR) (NOK) Sends Charter Equity Racing to the Sidelines Amid Sudden Onset of 5G value Battles

collected by :Roy Mark

Argus cut shares of NOK (NYSE:NOK) from a purchas rating to a hold rating in a study report launched on Monday. Zacks Investment study cut NOK from a purchas rating to a hold rating in a study note on Tuesday, August 8th. BidaskClub upgraded NOK from a hold rating to a purchas rating in a study note on Tuesday, August 1st. Get NOK alerts:Nokia Corporation (NOK) traded up 1.45% on Monday, reaching $4.89. Receive break news & Ratings for NOK every day - get in your email address below to receive a concise every day summary of the latest break news and analysts' ratings for NOK and related companies with MarketBeat.com's toll free every day email newsletter.

Nokia Oyj (NOK) Q3 2017 Results - Earnings dial Transcript

We too saw emerging opportunities to expand discounds of Fixed Networks products to customers in Japan and South Korea. As you know, our Fixed Networks business is too targeting cable operators, leveraging the capabilities from our acquisition of Gainspeed. On the other hand, we faced challenges in our Networks business, partly reflecting market conditions and partly driven with some issues specific to our Mobile Networks business. Moving then to the guidance for our Networks business for the complete year 2017. Regarding guidance for our Networks business, we intend to give this along with our Q4 earnings.

Nokia Oyj (ADR) (NOK) Sends Charter Equity Racing to the Sidelines Amid Sudden Onset of 5G value Battles

as informed in Nokia Oyj (ADR) (NYSE:NOK) is about to tread rocky waters considering Swedish elect Ericcson brought out its 5G value war push earlier than the Street had anticipated- about 2 plus years early, in fact. Will the Finnish telecom giant be enable to of confront this latest curveball with the lofty operating expenses it needs without sacrificing margin growth? Believing the sudden arrival of 5G value battles doesn't bode well for the giant, the analyst downgrades from a purchas to a Market Perform rating on Nokia corporation stock without listing a value target. Out of five analysts polled with TipRanks in the final three months, one is bullish on Nokia phone stock while four remember sidelined. The stock's consensus aim value stands at $4.83.

Nokia Oyj (ADR) (NOK) Sends Charter Equity Racing to the Sidelines Amid Sudden Onset of 5G value Battles