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Why Goldman Sachs Upgraded Nokia
Friday, June 25, 2021 - 2:25pm | 389Read More...Nokia Oyj (NYSE: NOK) shares gained 9% on Friday after the popular Reddit stock landed a high-profile Wall Street upgrade. The Analyst: Goldman Sachs analyst Alexander Duval upgraded Nokia from Neutral to Buy and raised his price target from $4.90 to $6.50. The Thesis: Duval said Nokia has...
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Goldman Slaps A Sell Rating On Ericsson
Thursday, January 19, 2017 - 4:30pm | 335Read More...Goldman Sachs downgraded Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) to Sell from Neutral after cost-cutting announcements and challenging industry conditions — the strong U.S. dollar will weigh on purchasing power in some emerging markets. Analyst Commentary “[W]e see a drag on...
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Investors Buying Mobileye Shares Following Goldman's Upgrade To Buy
Thursday, January 19, 2017 - 12:11pm | 344Read More...Mobileye NV (NYSE: MBLY) has seen a decline in its two-year forward P/E from c.60x to 25x, despite expectations of the company’s EPS growing at a Compound Annual Growth Rate of 40 percent during 2016–2021. Goldman Sachs’ Alexander Duval upgraded the rating on the company from...
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Goldman Adds Nokia To Its 'Conviction List,' Says The Value Case Is Clear
Thursday, July 21, 2016 - 8:32am | 305Read More...Although Nokia Corp (ADR) (NYSE: NOK) is likely to report weak top line for 2Q16, the company recently announced favorable Patents negotiation with Samsung, Goldman Sachs’ Alexander Duval said in a report. He maintained a Buy rating on the company, while raising the price target from $6.30...
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Nokia Upgraded At Goldman Sachs, Seen As 'Clear Buying Opportunity'
Thursday, June 30, 2016 - 8:24am | 292Read More...Shares of Nokia Corp (ADR) (NYSE: NOK) have plunged about 27 percent year-to-date, following the company’s disappointing Networks margin guidance for FY16. Goldman Sachs’ Alexander Duval upgraded the rating for the company to Buy, while raising the price target from €5.50 to...
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Goldman Removes Ericsson From Sell List, Upgrades To Neutral
Tuesday, June 21, 2016 - 9:21am | 287Read More...Goldman Sachs has upgraded Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) to Neutral from Sell on valuation. The brokerage said its updated analysis suggests that "the risk/reward is now less skewed to the downside than before the ytd underperformance of the stock." However, Goldman still expects...
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Mobileye Selling Off Despite 'Robust' Q1 Results
Thursday, May 5, 2016 - 1:06pm | 208Read More...Mobileye NV (NYSE: MBLY) reported robust 1Q results, with revenues ahead of the consensus and estimate. Goldman Sachs’ Alexander Duval maintains a Buy rating on the company, with a price target of $45. Robust 1Q Duval mentioned that the 1Q revenue of $75.2 million represented 65 percent year-...
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Goldman Sachs Just Upgraded Mobileye To Buy, Sees Revenue Growth Through 2020
Friday, March 13, 2015 - 9:04am | 161Read More...In a report published Thursday, Goldman Sachs analyst Alexander Duval upgraded shares of Mobileye NV (NYSE: MBLY) to Buy from Neutral with an unchanged $50 price target. Duval noted that the PEG ratio has almost halved following recent weakness in the stock. In addition, shares have underperformed...
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Goldman Sachs: Mobileye Has 'Game-Changing Technology'
Thursday, March 12, 2015 - 6:55pm | 426Read More...Goldman Sachs upgraded Mobileye NV (NYSE: MBLY) Thursday from Neutral to Buy and maintained a $50 price target. Analysts, led by Alexander Duval, noted that the stock had underperformed recently, however, the analysts believed this was due to technical factors and that fundamentals remained...
