[kRz222]

#nokia

Nordea Bank raised its forecasts for Nokia

Today Nordea raised its revenue and operating profit forecasts for Nokia's q4 2021 and operating profit forecasts for 2022-2023, maintaining its BUY recommendation at a target price of EUR 6.00 ($6.95). As to the operating margin Nordea thinks it will be 12.6% in 2022 and 13.7% in 2023. For the latter year this means that Nokia would need to raise its guidance which currently stands at 10-13% margin for 2023.

https://www.reddit.com/r/Nokia_stock/comments/pz3947/nordea_bank_raised_its_forecasts_for_nokia/

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