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Msg  217 of 219  at  3/17/2022 12:51:46 PM  by

mu_aapl


Raymond James upgrades Nokia to Outperform

Why 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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