Danske Downgrades Ericsson (ERIC) to Hold

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Societe Generale Downgrades Ericsson (ERIC) to Sell

April 22, 2013 7:39 AM EDT

Societe Generale downgraded Ericsson (NASDAQ: ERIC) from Hold to Sell. Analysts said strength in the Swedish krona vs the dollar and euro may limit top-line growth. Additionally, margin expansion in networks could be limited by a slowdown in Japan and South Korea.
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