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Nokia (NOK) Stock Jumps as Morgan Stanley Names It Top Pick

By Trader Edge at 2026-03-13 13:16

Sentiment: Positive

TLDR Morgan Stanley raised its Nokia price target to €8.50 from €6.50, making it the highest street target, with an Overweight rating The upgrade is driven by rising AI and cloud infrastructure spending, particularly in optical and IP networking Nokia’s AI/cloud revenue is only ~6% of total revenue but growing fast, with Morgan Stanley forecasting [...] The post Nokia (NOK) Stock Jumps as Morgan Stanley Names It Top Pick appeared first on CoinCentral. Continue reading...

Categories: Stocks

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