Not that the market cares, but it should eventually take hold.  In terms of an equivalent ALU price it would be $4.91 or some 39% higher.  Upgrade happened this past Friday

Nokia Corp. (NYSE: NOK) was raised to Buy from Hold at Deutsche Bank. Nokia closed at $6.60 and has a consensus analyst target price of $8.94 and a 52-week range of $5.71 to $8.68.