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Nokia Stock Is Down, but Worth Considering


Nokia Stock Is Down, but Worth Considering

Beleaguered European tech giant Nokia (NYSE: NOK) is getting beaten up again after the third quarter 2017 report showed revenues in its telecom business declined. The company has its fair share of problems, but the stock has been sent back to near multiyear lows after the late October report. This could be setting up a buying opportunity for investors.

NOK Chart

Data by YCharts.

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Source: Fool.com

Nokia Corp. A ADR Stock

€3.54
2.940%
There is an upward development for Nokia Corp. A ADR compared to yesterday, with an increase of €0.10 (2.940%).
With 6 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 4 € shows a slightly positive potential of 12.99% compared to the current price of 3.54 € for Nokia Corp. A ADR.
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