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Raymond James upgrades Nokia to OutperformWhy Nokia Shares Are Rising Today BY Benzinga — 10:23 AM ET 03/14/2022 Raymond James upgraded Nokia Oyj (NYSE:NOK), citing "improving competitive position" and rebuilding confidence in management. Analyst Simon Leopold upgraded Nokia to Outperform from Market Perform and a $6.50 price target. The price target implies an upside of 35%. Nokia has seen an inflection in its business with the recent Buyback back and the "likely" reintroduction of a dividend. "We envision strength in the Fixed Access and Routing segments and potential optionality in Optical and Mobility," Leopold added. |
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