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New Sell Rating for Telefonaktiebolaget LM Ericsson (ERIC), the Technology Giant

Tipranks - Tue Jan 27, 4:00AM CST

In a report released today, from Goldman Sachs maintained a Sell rating on Telefonaktiebolaget LM Ericsson, with a price target of $7.20.

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Telefonaktiebolaget LM Ericsson has an analyst consensus of Moderate Sell, with a price target consensus of $7.20.

Based on Telefonaktiebolaget LM Ericsson’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $55.41 billion and a net profit of $10.99 billion. In comparison, last year the company earned a revenue of $59.78 billion and had a net profit of $3.69 billion

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