Nokia (NOK) Received Ratings Upgrades from Morgan Stanley, Kepler Cheuvreux in January

Group 1 - Nokia Corp (NYSE:NOK) has received two ratings upgrades in January, indicating positive market sentiment towards the company [1][2] - Morgan Stanley upgraded Nokia to Overweight from Equal Weight on January 15, raising the price target to €6.50 from €4.20, citing increased exposure to network demand driven by data centers and AI, which now account for about 6% of group revenues [1] - Kepler Cheuvreux also upgraded Nokia to Buy from Hold on January 6, increasing the price target to €6.60 from €5, projecting a 7% annual increase in network infrastructure sales from 2025 to 2028, with specific growth rates of 8% in IP networks and 12% in optical networks [2] Group 2 - Nokia is currently focused on network infrastructure, technology, and software, having built the infrastructure for mobile and fixed networks, including 5G, fiber, cloud, and data center solutions [3]