Credit Suisse Upgrades Ericsson (ERIC) to Neutral

September 26, 2016 7:29 AM EDT
Get Alerts ERIC Hot Sheet
Price: $5.04 +0.40%

Rating Summary:
    9 Buy, 19 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 26 | New: 7
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Credit Suisse upgraded Ericsson (NASDAQ: ERIC) from Underperform to Neutral and maintains a SKr55 price target.

Analyst Achal Sultania said the worst is behind us as capex declines moderate.

For an analyst ratings summary and ratings history on Ericsson click here. For more ratings news on Ericsson click here.

Shares of Ericsson closed at $6.93 yesterday.

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