Nokia Scores Trio Of Global Deals, Enhancing Network Security And High-Capacity Routing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2025
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Source: Benzinga
Nokia's Recent Deals: Nokia has secured multiple contracts, including providing DDoS protection for the London Internet Exchange and upgrading BBIX's network to 400GE, enhancing capacity and reliability. Additionally, ESpanix will implement Nokia's technology for Spain's first 400G connectivity.
Stock Performance: Following these announcements, Nokia shares rose by 1.55% in premarket trading, reaching $4.58, while investors can access NOK stock through specific ETFs.
Analyst Views on RODM
Wall Street analysts forecast RODM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RODM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 37.810
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
