J.P. Morgan Turns Bullish on Nokia

2021-07-16

$Nokia Oyj(NOK)$ Wall Street’s love-in with (NOKIA) continued on Wednesday, with J.P. Morgan the latest bank to turn bullish on the Finnish telecom equipment maker. It comes a day after (NOKIA) said it planned to raise 2021 guidance following a strong first half of the year and positive second-quarter trends. A favorite among retail investors and Reddit users in recent months, Nokia’s ADR has gained 52% so far this year, which already marks its best annual performance since 2013.$Nokia Oyj(NOK)$

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