Nokia Corporation (NYSE:NOK – Get Free Report)’s share price dropped 3.5% during mid-day trading on Wednesday . Arete Research upgraded Nokia from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.57. On average, research analysts anticipate that Nokia Corporation will post 0.39 earnings per share for the current fiscal year. About Nokia(Get Free Report)Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865.