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Is Nokia Stock A Buy At $4?

Nokia stock has underperformed this year, declining by about 20% since early January compared to the broader S&P 500 which gained about 15% over the same period.

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Forecast Of The Day: Nokia's Networking Revenues

Trefis expects Nokia's (NYSE:NOK) Network revenues to increase modestly from Euro 20.5 billion in 2020 to about Euro 21.1 billion in 2021 and Euro 21.5 billion in 2022...

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Nokia Stock Surges 8% on Premarket Trade, Thanks to Ericsson: Is it a Buy or Sell?

1 February 2021, 8:26 pm EST By
Another upgrade in Nokia stock, NOK was seen at the start of February as another company, Ericson surpassed the expectations of many when it comes to earnings and 5G Performance.
Ericsson's Part on Increasing Nokia Stock Value
According to Market Watch, Nokia stock NOK skyrocketed to +7.24% in New York Stock Exchange while NOKIA in Helsinki Stock Exchange. The stock shares of the Finnish electronics company took it to the largest investment bank in Norway, DNB Markets, where the price target accelerated from €4 ($4.83) to €4.80(5.80).
Frank Maaø, a senior equity research analyst at DNB Markets according to his LinkedIn profile, reported that Nokia's stock price took a nosedive after the Gamestop retail frenzy. He added that the effect of the 5G cycle helped in the sudden share growth, especially when Ericsson's performance went well in the most recent report.

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