- Jefferies analyst Janardan Menon initiated coverage of Nokia Oyj NOK with a Buy rating and EUR 6 price target.
- Menon sees 2022 as a strong year for telecom equipment makers citing lofty U.S. C-band deployments and improved 5G roll-outs in Europe.
- Also Read: Why Nokia Shares Are Rising Today
- Menon expects Nokia to benefit from an acceleration in sales, margin expansion, and a valuation re-rating.
- Price Action: NOK shares traded higher by 0.38% at $5.28 in the premarket session on the last check Thursday.
NOKNokia Oyj
$5.13-0.19%
Edge Rankings
Momentum91.14
Growth84.14
Quality-
Value76.35
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
