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Goldman Sachs Reaffirms Their Sell Rating on Nokia (0HAF)

Tipranks - Tipranks - Tue Feb 3, 6:24AM CST

In a report released today, Alexander Duval from Goldman Sachs maintained a Sell rating on Nokia, with a price target of €3.50.

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Duval covers the Technology sector, focusing on stocks such as Logitech, Nokia, and STMicroelectronics NV. According to TipRanks, Duval has an average return of 7.9% and a 56.15% success rate on recommended stocks.

In addition to Goldman Sachs, Nokia also received a Sell from Citi’s Andrew Gardiner in a report issued on January 23. However, today, J.P. Morgan maintained a Buy rating on Nokia (LSE: 0HAF).

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The company has a one-year high of €6.65 and a one-year low of €3.42. Currently, Nokia has an average volume of 11.21M.

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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