UPDATE: BMO Capital Markets Upgrades Nokia to Market Perform on Mixed Results
April 19, 2013 at 10:58 AM EDT
In a report published Friday, BMO Capital Markets analyst Tim Long upgraded the rating on Nokia Corporation (NYSE: NOK ) from Underperform to Market Perform, and reiterated a $3.00 price target. In the report, Long noted, “Nokia results were mixed. Lumia units were stronger than expected, but margins did not