Nokia Corp.
(NYSE:NOK) stock is climbing on Monday morning as traders continue to react to a combination of bullish analyst actions and emerging artificial intelligence product catalysts.
The equity is tracking among the session's top performers as momentum builds.
JP Morgan Lifts Price Forecast JP Morgan analyst Sandeep Deshpande maintained an Overweight rating on Nokia and raised the price forecast significantly from $14 to $21.
Read Also: Stock Market Today: S&P 500, Dow Futures Gain As Trump Announces Deal With Iran—SpaceX, Tower Semiconductor, Micron In Focus The substantial target increase provided an immediate lift to market sentiment, fueling the upward price movement early in the trading session.
