Nokia (NOK) is cut to Equalweight at Barclays and its price target reduced to $4 from $8, with...

|About: Nokia Corporation (NOK)|By:, SA News Editor

Nokia (NOK) is cut to Equalweight at Barclays and its price target reduced to $4 from $8, with the analysts saying the deterioration in its core mobile phone business is significantly worse than anticipated. Shares -1.9% premarket.