Nokia Oyj: Analysts Reiterate Buy Rating and Raise Price Target to €6.90

Nokia Oyj (NYSE:NOK) is a leading telecom company with a focus on 5G, fiber, cloud, and data center solutions. Analysts at J.P. Morgan and Raymond James maintain a Buy rating on the stock with a price target of €6.90 and $7, respectively, citing projected mid-single-digit sales growth in 2026 and 2027. The company has a partnership with Bharti Airtel to make its network available to third-party developers through its Network as Code platform.