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To: JohnG who wrote (116903)4/19/2002 12:39:14 PM
From: biostruggle  Respond to of 152472
 
Morgan Stanley new price target for Nokia

pr 19, 2002 (NORDIC BUSINESS REPORT via COMTEX) -- The New York-based
financial services provider Morgan Stanley has lowered Nokia's share price
forecast from EUR20 to EUR15.

The lower forecast comes after the Finnish telecommunications solutions provider
published its quarterly financial report yesterday (18 April), cutting its sales
estimate for 2002.

Morgan Stanley also lowered its forecast for global mobile phone sales in 2002
by 2% to 400m units, reports the news service Bloomberg.

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