Why Nokia (NOK) Is Climbing In Pre-Market Trading Today

NEW YORK (TheStreet) -- Nokia (NOK) shares are up 3.1% to $7.48 in pre-market trading on Wednesday after being upgraded to "buy" from "hold" by analysts at Jefferies  (JEF).

The firm also raised their price target to $10.31 from $7.32. The new price target suggests a 42% increase from the stock's previous close.

Must Read: Warren Buffett's 25 Favorite Growth Stocks 

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

NOK Chart

NOK data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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