NOK is trading at $11.06 (+5.74%) as Argus upgraded the stock to Buy with a $15 target, citing surging AI demand boosting Network Infrastructure growth.
- The company raised its 2026 revenue guidance for its infrastructure segment, noting that AI-driven demand is a primary catalyst for the move higher.
- Analysts highlighted that the Infinera acquisition significantly reduces long-term risks, helping the stock outpace broader mixed markets.