Nokia: slightly down with broker's remarks – Boursorama

(CercleFinance.com) – Nokia yields 0.3% and slightly underperforms the OMXN40 (+ 0.1%) while Morgan Stanley initiates a follow-up with an advice 'weighting online' and a target price of 3 , 70 euros, in a note on the Finnish telecom equipment supplier and his Swedish peer Ericsson.

'We see the two titles at opposite ends of their respective restructuring plans,' says the broker, for whom 'Ericsson has an opportunity to push the advantage over Nokia, given the 5G cost issues'.

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