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Why Nokia Stock Popped Today

TheMotleyFool

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Shares of Nokia (NYSE: NOK) jumped 7.2% on Monday following bullish analyst commentary.

DNB Markets analyst Frank Maao lifted his rating on Nokia's stock from sell to buy and boosted his share price forecast from $4.83 to $5.79. His new estimate represents potential gains for investors of roughly 20%.

Nokia's stock has plenty of upside, according to analysts at DNB Markets. Image source: Getty Images.

Source Fool.com

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