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Jefferies Sticks to Their Buy Rating for Nokia (0HAF)

Tipranks - Tipranks - Tue Feb 3, 12:50PM CST

In a report released today, Janardan Menon from Jefferies maintained a Buy rating on Nokia, with a price target of €7.20.

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Menon covers the Technology sector, focusing on stocks such as Nokia, Suss Microtec, and ams-OSRAM. According to TipRanks, Menon has an average return of 5.7% and a 55.40% success rate on recommended stocks.

In addition to Jefferies, Nokia also received a Buy from J.P. Morgan’s Sandeep Deshpande in a report issued today. However, on the same day, Goldman Sachs maintained a Sell rating on Nokia (LSE: 0HAF).

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0HAF market cap is currently €30.27B and has a P/E ratio of 46.72.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0HAF in relation to earlier this year.

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