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Technology Stocks : Nokia Corp. (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: sisuman who wrote (1948)1/21/2002 11:56:53 AM
From: Puck  Respond to of 9255
 
Here's the latest downgrade from J.P. Morgan:

Nokia fell 5.3 percent after Morgan Stanley cut its rating on the world's biggest mobile phone maker to "underperform" from "neutral," and set a share price target of 15 euros.

"We are surprised that Morgan Stanley has taken such an aggressive stance and we do not think that the share price will come down to 15 euros in the near term," said Ollipekka Elovainio, fund manager at Nordea Investment Management in Helsinki.


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