ERIC Shares Experience Surge in Value

As published in a research note from UBS on January 31, 2024, Telefonaktiebolaget L M Ericsson ADR [ERIC] has been rated down from a Neutral to a Sell. Analysts at Barclays downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid January. As of December 08, 2023, Jefferies […]

Examining the Potential Price Growth of Telefonaktiebolaget L M Ericsson ADR (ERIC)

Meanwhile, UBS downgraded its Telefonaktiebolaget L M Ericsson ADR [ERIC] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid January from “an Equal weight” to “an Underweight”. Jefferies also remained […]

ERIC short interest surges, indicating growing pessimism among investors

As published in a research note from UBS on January 31, 2024, Telefonaktiebolaget L M Ericsson ADR [ERIC] has been rated down from a Neutral to a Sell. Analysts at Barclays downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid January. As of December 08, 2023, Jefferies […]