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ING Ups Nokia Target Price To EUR16.5

Monday, March 27, 2006 3:27:43 AM ET
Dow Jones Newswires

0617 GMT [Dow Jones] ING lifts Nokia (NOK) target price to EUR16.5 from EUR14, citing growing demand for mobile handsets and infrastructure, especially in emerging markets. Raises 06 and 07 EPS forecasts by 4.9% and 4.1%, to EUR0.93 and EUR1.06 respectively. Says that as Nokia is focused mainly on mobile, the impact from sector consolidation among fixed-network equipment players is likely to be minimal. Keeps hold rating. Shares closed at EUR16.97. (MKR)
aus der Diskussion: Nokia - strong buy
Autor (Datum des Eintrages): DeadKennedy  (28.03.06 14:01:45)
Beitrag: 3 von 63,164 (ID:20973618)
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