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Bernstein Sticks to Their Hold Rating for Nokia (0HAF)

Tipranks - Tipranks - Fri Jul 24, 8:22AM CDT

In a report released today, Ulrich Rathe from Bernstein maintained a Hold rating on Nokia, with a price target of €5.54.

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According to TipRanks, Rathe is ranked #10664 out of 12338 analysts.

Nokia has an analyst consensus of Moderate Buy, with a price target consensus of €12.12.

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Based on Nokia’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €4.5 billion and a net profit of €86 million. In comparison, last year the company earned a revenue of €4.39 billion and had a GAAP net loss of €59 million

Based on the recent corporate insider activity of 53 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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