Nokia (NOK) shares crossed the average analyst 12-month target of $8.30, trading at $8.82 — roughly 6.3% above the target. The piece notes that when a stock reaches analyst targets, analysts can react (for example by downgrading on valuation), which could influence near-term analyst guidance or recommendations.
Nokia (NOK) shares crossed the average analyst 12-month target of $8.30, trading at $8.82 — roughly 6.3% above the target. The piece notes that when a stock reaches analyst targets, analysts can react (for example by downgrading on valuation), which could influence near-term analyst guidance or recommendations.
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