Nokia upgraded to Strong Buy by analyst


Nordea, a financial services company, has turned even more optimistic on Nokia, and have upgraded the company’s shares from Buy to Strong Buy.

He set a price target of 4 Euro for the stock, up from its current price of around 3 Euro.

The analyst believes the Nokia Lumia 820 and 510 will boost the company’s shipments, and expects Nokia to show off a number of products, including a flagship model for Verizon.

Nordea also expects Nokia to break even in the middle of 2013.

Read more at Streetinsider here.

Thanks Tom for the tip.

Some links in the article may not be viewable as you are using an AdBlocker. Please add us to your whitelist to enable the website to function properly.