BNP Paribas Exane lowered the firm’s price target on Ericsson (ERIC) to SEK 70 from SEK 73 and keeps an Underperform rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ERIC:
- Ericsson Announces Executive Team Change with Stella Medlicott’s Departure
- Ericsson chief marketing, communications officer Stella Medlicott to step down
- Ericsson in talks for minority stake in Intel unit, Bloomberg says
- Ericsson in talks to for minority stake in Intel unit, Bloomberg says
- Ericsson, SoftBank expand 4G and 5G equipment partnership