Nokia (NOK) is trading up over 4% after a Goldman Sachs upgrade and a significant new 5G contract win in the UK.
- Goldman Sachs upgraded Nokia to Neutral from Sell and raised its price target, citing growth opportunities driven by the AI infrastructure buildout.
- The company also secured a major multi-year 5G RAN modernization deal with Virgin Media O2 in the UK to deploy its AirScale RAN technology.