Nokia Faces Muted Interest and 4 Stock Analyses Attracting Attention
Nokia Corporation (NYSE:NOK): According to Deutsche Bank’s research, there is limited supply and muted consumer interest in Nokia’s recently released smartphones. The firm views consensus expectations of 30 million to 35 million Lumia sales in 2013 are too optimistic, and it keeps its Sell rating on the stock.
NCR Corp.’s (NYSE:NCR) acquisition of Retalix (NASDAQ:RTLX) should raise its market share, causing margin expansion, according to Susquehanna’s beliefs. The firm is still convinced the risk to a FCPA violation is exaggerated, creating a buying opportunity. The firm gives the stock a Positive rating and a $29 price target.
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The Allstate Corporation (NYSE:ALL) reported $1.1 billion of losses from Hurricane Sandy, and Bernstein is under the impression that the stock’s current position gives it greater potential than its peers to see benefit from the expectation of insurance premium increases. The firm has also noted that the company is protected by reinsurance.
Cognizant Technology Solutions Corp. (NASDAQ:CTSH): According to Bernstein, concerns regarding the upcoming 8K from Cognizant outlining management incentives based on 2013 revenue expectations have a high possibility of being overblown. The firm continues to believe that the company will report higher 2013 revenue than predicted.
Pandora Media Inc (NYSE:P) shares are believed by Canaccord to already reflect the possible risks of an Apple (NASDAQ:AAPL) entry into the market, and the firm views risk/reward as favorable into earnings due t the company’s loyal base and improving mobile monetization. Shares have a Buy rating and a $16 price target.
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