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ubs maintains neutral rating for nokia with target price of 3.55 euros
UBS has maintained a 'Neutral' rating for Nokia, setting a price target of 3.55 euros following the company's third-quarter results, which fell short of sales expectations. While the operating result met forecasts due to a favorable product mix and cost-cutting, the analyst anticipates a slight decline in consensus estimates for the operating result due to more pessimistic annual targets.
ubs maintains neutral rating for nokia with target price of 3.55 euros
UBS has maintained a 'Neutral' rating for Nokia, setting a target price of 3.55 euros following the company's third-quarter results. Despite missing sales estimates, the operating result aligned with expectations due to a favorable product mix and cost-cutting efforts. However, the analyst anticipates a slight decline in the consensus estimate for the operating result due to more pessimistic annual targets.
UBS maintains neutral rating for Nokia after third quarter results
UBS has maintained a "Neutral" rating for Nokia with a target price of 3.55 euros following the company's third-quarter results, which fell short of sales expectations. Analyst Francois-Xavier Bouvignies noted that while the operating result met forecasts due to a favorable product mix and cost-cutting, the company's annual targets appear more pessimistic, suggesting a slight decline in consensus estimates for the operating result.
ubs maintains neutral rating for nokia with target price of 3.55 euros
UBS has maintained a 'Neutral' rating for Nokia, setting a price target of 3.55 euros following the company's third-quarter results, which fell short of sales expectations. Despite this, the operating result aligned with forecasts due to effective cost management and product mix adjustments. Analysts anticipate a slight decline in consensus estimates for the operating result amid more cautious annual targets.
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