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Fly News Breaks for October 26, 2018
NOK
Oct 26, 2018 | 07:13 EDT
As reported previously, Canaccord analyst T. Michael Walkley upgraded Nokia to a Buy from Hold. The analyst believes management will execute on its plan for margin targets and outperform their primary addressable market forecast, primarily due to expected rollouts for 5G and its strong end-to-end product portfolio capturing market share. Walkley raised his price target to $7 from $6 on Nokia shares.