Nokia (NOK) Stock Jumps 5% as Morgan Stanley Sets New Street-High Price Target – Blockonomi
Key Takeaways Morgan Stanley elevated Nokia’s price target to €8.50 from €6.50 — establishing the market’s highest forecast AI and cloud infrastructure spending momentum identified as primary growth catalysts Nokia shares settled at €6.83 on Wednesday, marking approximately 24% growth year-to-date Recent analyst downgrades from DNB Carnegie and Danske Bank had previously pressured the stock…