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Fly News Breaks for May 22, 2015
NOK
May 22, 2015 | 07:57 EDT
Oppenheimer is becoming more worried about aggressive pricing behavior by Nokia's competitors in the wireless infrastructure market. Consequently, the firm thinks the operating margin of the company's Networks unit could miss expectations. It recommends that investors stay long the stock but avoid adding new positions around the time of the company's earnings, which Oppenheimer believes could disappoint.
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