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