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Upside to Nokia Oyy’s (NYSE:NOK) stock is likely to be limited by the peaking 5G RAN (Radio Access Network) cycle, looming tech disruption, stiff competition and the company’s unimpressive growth and margin outlook, according to BofA Securities. The Nokia Analyst: Didier Scemama reinstated coverage of Nokia with an Underperform rating and a price target of $5.02.
...read full article on Benzinga