
Nokia Up 5.4% on Upgrade
Nokia (NOK) - Get Nokia Corporation Sponsored American Depositary Shares Report was up 5.4% in late afternoon after Wit SoundView upgraded it to strong buy from buy, saying the Finnish mobile phone giant should benefit from the industry's efforts to shrink the glut of cell phones.
Swedish rival
Ericsson
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was up 4.5%.
Motorola
(MOT)
was ahead 3.9%.