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

NEW YORK (TheStreet) -- Nokia (NOK) shares are climbing, up 1.8% to $7.89, in pre-market trading on Monday after being upgraded to "market perform" from "underperform" by analysts at Raymond James (RJF).

While recognizing that the company's balance sheet is strong thanks in part to the cash infusion in received from the Microsoft breakup, analysts believe the company's small cell technology will have little impact on the its bottom line.

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