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BofA/Merrill Lynch Downgrades Ericsson (ERIC) to Underperform

May 23, 2011 6:50 AM EDT
Get Alerts ERIC Hot Sheet
Price: $10.14 --0%

Rating Summary:
    11 Buy, 18 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 9 | Down: 22 | New: 45
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BofA/Merrill Lynch downgraded Ericsson (NASDAQ: ERIC) from Neutral to Underperform.

For more ratings news on Ericsson click here and for the rating history of Ericsson click here.

Shares of Ericsson closed at $15.05 yesterday.


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