Nokia shares are trading lower after Citigroup downgraded the stock from Buy to Sell.
Portfolio Pulse from Benzinga Newsdesk
Nokia's stock (NOK) trades lower following a downgrade from Buy to Sell by Citigroup.

December 15, 2023 | 3:38 pm
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Citigroup downgraded Nokia from Buy to Sell, leading to a decrease in its stock price.
Analyst ratings, especially from major financial institutions like Citigroup, can significantly influence investor sentiment and stock prices. A downgrade from Buy to Sell usually suggests a bearish outlook on the stock, leading to potential selling pressure and a decrease in the short-term stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100