NOK is trading at $8.62 (+4.22%) following a Goldman Sachs upgrade to Neutral and a major 5G contract win in the UK.

  • Goldman Sachs raised its price target, citing growth in AI infrastructure as a key driver for the upgrade from Sell.
  • The stock is outperforming the broader market despite a 0.20% decline in the S&P 500 and risk-off sentiment from Iran tensions.
  • Trading volume is elevated on the back of the company-specific catalysts and the April 1 contract announcement.