STOCK EXCHANGE: An upturn in Helsinki, a big increase in the target price for Nokia from Morgan Stanley

In Asia, the stock markets were mainly down after chip factory TSMC’s weak-than-expected results, but the Helsinki Stock Exchange was quoted in a gentle rise after the opening. The general index had strengthened by 0.2 percent to 12,714 points about half an hour after opening.

The top of the most traded stocks opened unevenly. Nokia was up 1.3 percent, while Nordea had strengthened by 0.8 percent. In this had fallen by 0.9 percent.

On the news front, the morning was relatively quiet. In the morning, we received a few small announcements.

X-ray technology company Detection Technology announced that he would appoint by Michael Smith As sales director for the Americas from February 2. Smith reports as CEO of Detection Technology They have Martolalle and is responsible for accelerating growth.

Information security company WithSecure announced that its redemption procedure is proceeding. The Redemption Board of the Central Chamber of Commerce has appointed a one-member arbitration for the arbitration procedure regarding the redemption of Withsecure’s minority shares.

Withsecure’s delisted buyer consortium Diana Bidco In November, with its application to the Redemption Board of the Central Chamber of Commerce, initiated the redemption procedure for Withsecure’s minority shares by starting an arbitration procedure in order to acquire ownership of all the issued and outstanding shares of Withsecure.

Changes to investment recommendations and target prices

Although the news front was quiet, several analysts updated their views on listed companies ahead of earnings season.

OP raises Harvian target price to EUR 38.00 from the previous EUR 37.00, but still keeps the recommendation at the sell level.

The OP raised Orion’s target price to 78.00 euros from the previous 72.50 euros, but at the same time lowered the recommendation from buy level to add level.

Inderes counted Duellin the target price to 3.20 euros from the previous 3.50 euros, even though the recommendation rose from the reduce level to the increase level.

Inderes raises Orion’s target price from EUR 66.00 to EUR 75.00 and keeps the add recommendation unchanged.

Evli repeats Duell’s add recommendation, but the company’s target price drops to EUR 3.00 from the previous EUR 3.40.

Morgan Stanley raised Nokia’s target price from EUR 4.20 to EUR 6.50 and the recommendation from hold to add.

SEB raises Orion’s target price to 78 euros from 73 euros and repeats the company’s buy recommendation.

UBS declined Forest Board target price from EUR 2.80 to EUR 2.00 and lowered the recommendation from hold to sell.

Nordea checked Konecranes target price up to 111 euros from the previous 96 euros, reiterating the buy recommendation at the same time.

DNB Carnegie raises Orion’s target price to 79 euros from the previous 76 euros and keeps the buy recommendation unchanged.

Nordea fell Elisa’s target price from EUR 37 to EUR 35 and kept the sell recommendation valid.