Nokia Rising: Cost Cuts and Synergies Underestimated, Says Goldman Sachs

Tech Trader Daily
By Tiernan RayJun 30, 2016, 12:02 pm103 pts
Shares of Nokia (NOK) are up 12 cents, or 2%, at $5.66, after Goldman Sachs’s Alexander Duval raised his rating on the shares to Buy from Neutral, with a $6.30 price target, writing that the company is “about to enter its most intensive cost-cutting phase and management has historically shown itself adept…

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