Nokia Stock Has Risen 28% in H1 2018
Nokia (NOK) stock generated returns of 28.0% in the first half of 2018. The stock closed at $5.75 on June 29. Nokia beat its earnings estimates in the fourth quarter of 2017 by 36.0% and reported earnings 50.0% below estimates in the first quarter. Analysts have a median price target of $6.20 for Nokia, which indicates that the stock is trading at a discount of 8.0% to analyst estimates. Growth drivers