Analysts at Jefferies Group upped their price target on shares of Nokia (NYSE: NOK) to $105.00 in a research report issued to clients and investors on Monday. The firm currently has a “buy” rating on the stock.

Several other analysts have also recently commented on the stock. Analysts at Nordea Equity Research upgraded shares of Nokia from a “buy” rating to a “strong-buy” rating in a research note to investors on Friday, February 15th. Separately, analysts at Avian Securities upgraded shares of Nokia from a “buy” rating to a “strong-buy” rating in a research note to investors on Friday, February 15th. Finally, analysts at Argus reiterated a “hold” rating on shares of Nokia in a research note to investors on Thursday, February 7th.

Nokia traded down 0.40% on Monday, hitting $3.7647. Nokia has a 52-week low of $1.63 and a 52-week high of $5.57. The stock’s 50-day moving average is currently $4.17. The company’s market cap is $13.971 billion.

Nokia last released its earnings data on Thursday, January 24th. The company reported $0.06 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.06. The company had revenue of $8.04 billion for the quarter, compared to the consensus estimate of $10.55 billion. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was down 19.6% on a year-over-year basis. On average, analysts predict that Nokia will post $0.07 earnings per share for the current fiscal year.

Nokia Corporation (Nokia) has three operating segments: Devices & Services; NAVTEQ, and Nokia Siemens Networks.