Today’s Hot List: Nokia Corporation (ADR) (NYSE:NOK), PolarityTE, Inc. (NASDAQ:COOL)

At the movement Nokia Corporation (ADR) (NYSE:NOK) is under coverage by number of analysts. Buy rating has been given by 2 analysts to the company stock whereas 1 analyst given UNDERPERFORM rating to stock and 10 analysts given HOLD rating. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.62 on scale of 1-5. Analysts mean target price for Nokia Corporation (ADR) (NYSE:NOK) is $5.58 while their mean recommendation is 2.70 (1=Buy, 5=sell).

If we look at stock performance in last active day trading, we see that stock has moved up 1.40% to end the day at $5.07. The current share price indicate that stock is -15.36% away from its one year high and is moving 25.50% ahead of its 52-week low.

Nokia Corporation (ADR) (NYSE:NOK) is finally making a comeback to the smartphone space. It has already announced its first handset, the Nokia 6 in collaboration with HMD Global. The company is now set to expand its offerings at this month’s Mobile World Congress. HMD Global is likely to announce four smartphones at MWC on February 26. A report says Nokia will showcase Nokia 3, Nokia 5, Nokia 3310 and a global variant of Nokia 6. Nokia 3 will be an entry-level Android smartphone in the lineup. While the specifications of Nokia 5 was tipped recently, we now have details on Nokia 3. As reported by Nokiapoweruser, Nokia 3 will feature the same 5.2-inch 720p display like Nokia 5. The handset will reportedly come with 2GB RAM and 16GB storage. The camera is also likely to be identical with 13MP main camera and a 5MP selfie shooter. But the smartphone will see a significant downgrade in its processor. Nokia 3 might feature the Snapdragon 425 chipset, which is a quad-core CPU with the older Adreno 308 GPU. The handset is likely to be priced at €149 in the European markets. If the leaked configuration is accurate, Nokia 3 will face a lot of heat from upcoming affrodable smartphones from the likes of Lenovo and Xiaomi. The Nokia 3 with a paltry 2GB RAM and older Snapdragon 425 is unlikely to excite the budget buyer (sub Rs, 10,000).

On 16 February 2017, PolarityTE, Inc. (NASDAQ:COOL) shares moved to $5.08. Analyst’s mean target price for COOL is $1.00 while analysts mean recommendation is 3.00.

PolarityTE, Inc. (NASDAQ:COOL) announced it has appointed Jon Mogford, PhD to the Board of Directors. Dr. Mogford has extensive experience in regenerative medicine and wound healing, with a long track record of leading large research institutions. He currently oversees research strategy as Vice Chancellor for Research across the entire Texas A&M University System, and led significant expansion and collaborations while serving as Deputy Director of the Defense Sciences Office (DSO) within the Defense Advanced Research Projects Agency (DARPA) in the U.S. Department of Defense.

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