Matterhorn Group Updates Nokia Equity Research
February 10, 2010 (FinancialWire) (Investrend Research Syndicate) — The Matterhorn Group has issued a research update report on Nokia Corp. (NYSE: NOK) dated January 29, 2010.
The full Matterhorn Group report includes important disclosures, disclaimers and analyst information. The Matterhorn Group and Investrend both strongly advise that investors exercise an expeditious degree of due diligence before trading in the equities of any public company, including carefully and entirely reading all available analyst reports and respective report disclosures, and then only in conjunction with advice from at least one trusted, registered financial advisor or broker. The Matterhorn Group and Investrend further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of a potential investor’s total investigative process. (More about ratings and valuations is available at http://www.investrend.com/ratings).
Nokia Corporation manufactures mobile devices, and provides Internet services and digital map information worldwide. The company was founded in 1865 and is based in Espoo, Finland.
The entire Matterhorn Group report on Nokia Corp. is currently available via the Investrend Research Syndicate (at http://www.investrend.com/recent-research).
NOK stock closed at $13.35 per-share yesterday, trading on volume of 38,062,800 shares (vs. a 3-month average daily trading volume of 21,309,600 shares). NOK stock’s 52-week high was $16.58 per-share on June 2, 2009. NOK’s 52-week low was $8.47 on March 9, 2009. Yahoo Finance notes NOK’s 1-year target estimate (per-share stock projected valuation) at $15.01.
Nokia Corp.’s SEC filings are directly accessible via the SEC website (at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000924613).
Source for Nokia Corp.’s company description: Nokia Corp.
The Matterhorn Group is an independent, “standards-based” research firm, and is a member of the FIRST Research Consortium.
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