B. Riley Financial Initiates Coverage on Nokia (NYSE:NOK)

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Factuality

Ownership

Investors have had an eventful week following the development of Nokia's share price.

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Factuality

Ownership

Finnish telecom manufacturer Nokia's shares are up more than 6 percent on the Stockholm Stock Exchange. The rise follows the publication of a report by brokerage house B Riley Securities in which they recommend buying the shares. The target price for Nokia's American depositary receipts in the report of $15 corresponds to SEK 147, which can be compared with the current share price of SEK 105.50. In the report, the analysts point to a trend of ri…