BoA positive on NOK
Friday May 27th 2005, 10:19 pm Category: Unrelated news

Forbes magazine says Nokia’s strategy impressed Bank of America, who put a price target of $23 on Nokia stock.

Nokia stressed that it was not pursuing the all-inclusive “Swiss Army knife” approach to designing handsets. Instead the company plans to implement six elements into its new products: photography, music, media, connectivity, productivity, and add-on software.


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