Fly News Breaks for March 2, 2020
Mar 2, 2020 | 09:05 EDT
Northland analyst Tim Savageaux initiated coverage of Nokia with an Outperform rating and $6 price target. It is fair to consider whether Nokia would be worth more in a breakup scenario, Savageaux tells investors in a research note. The analyst points out that Nokia's shares and fundamentals have significantly underperformed "more focused peers" despite sharing similar tailwinds from ramping 5G and fiber builds.
News For NOK From the Last 2 Days