Goldman Sachs Maintains Buy on Nokia, Lowers Price Target to $5.9
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Duval maintains a Buy rating on Nokia (NYSE:NOK) but lowers the price target from $6.6 to $5.9.
July 21, 2023 | 12:25 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Nokia but lowers the price target from $6.6 to $5.9.
The news is directly related to Nokia and is important for investors as it comes from a reputable source, Goldman Sachs. The lowered price target might cause some concern among investors, but the maintained Buy rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100