Why Nokia Stock Was Winning on Wednesday

Nokia (NYSE: NOK) was the subject of an analyst's recommendation upgrade Wednesday, and investors expressed their appreciation by bidding up the telecom's stock. In late-session trading it was up by more than 3% in price, well ahead of the S&P 500 index's 0.2% gain at that point in the day.Well before market open, BNP Paribas Exane's Jakob Bluestone changed said recommendation, pushing it up a notch to outperform (buy, in other words) from his previous neutral. His price target on Nokia's Europe-listed stock is 4.30 euros ($5.01) per share. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool