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Goldman Sachs Reaffirms Their Sell Rating on Telefonaktiebolaget LM Ericsson (ERIC)
Goldman Sachs analyst reiterated a Sell rating on Telefonaktiebolaget LM Ericsson yesterday and set a price target of $10.60.
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Currently, the analyst consensus on Telefonaktiebolaget LM Ericsson is a Hold with an average price target of $9.10.
Based on Telefonaktiebolaget LM Ericsson’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $67.9 billion and a net profit of $8.39 billion. In comparison, last year the company earned a revenue of $74.82 billion and had a net profit of $4.9 billion
Read More on ERIC:
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