🟢 Nokia is trading 4% up today as BofA raises price target on AI potential

NOK is trading at $9.96 (+0.91%) after closing up 4.33% at $9.87 following Bank of America’s upgrade to Buy on April 13.

• Bank of America nearly doubled its price target to €10.70 ($12.40) from €6.87, citing fiber-optic acquisitions that position the company as a key AI winner.
• Analysts highlighted that Nokia's strategic moves help it overcome legacy challenges, allowing it to outperform mixed markets where the S&P 500 fell 0.01%.
• The stock's momentum continues to build as investors react to the firm's bullish outlook on Nokia's role in the evolving AI infrastructure landscape.