BNP Paribas Exane upgraded Nokia (NOK) to Outperform from Neutral with a $5 price target The firm views the pessimism on the shares as overdone. The analyst likes Nokia’s pivot to networking infrastructure and believes the company offers greater self-help potential relative to Ericsson (ERIC). Nokia’s more toward network infrastructure could drive faster growth if it utilizes artificial intelligence, the analyst tells investors in a research note.
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