Raymond James raises Nokia ADRs to Outperform

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

Nokia ADRs (NYSE:NOK) are up 0.7% premarket after a boost to Outperform at Raymond James, from Market Perform.

Analyst Simon Leopold joins most analysts in the bullish camp and set the price target at $7.50, implying 25% upside.

Those shares have been in a channel, trading up 11.5% over the past month but up just 4.5% over the past six months.

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