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Lm Ericsson Telephone Company (ERIC) [hlAlert]

Rating:
Outperform
ERIC
down 23.90 %

Lm Ericsson Telephone Company (ERIC) upgraded to Outperform by Credit Suisse

Posted on: Friday,  Sep 6, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Lm Ericsson Telephone Company (NASDAQ: ERIC) on 09/06/2013, when the stock price was $13.01.
Since then, Lm Ericsson Telephone Company has lost 23.90% as of 09/18/2015's recent price of $9.90.
If you would have followed this Credit Suisse's recommendation on ERIC, you would have lost 23.9% of your investment in 742 days.

Ericsson is a world-leading supplier in the fast-growing and dynamic telecommunications and data communications industry, offering advanced communications solutions for mobile and fixed networks, as well as consumer products. The company is a total solutions supplier for all customer segments: network operators and service providers, enterprises and consumers. The company has the world's largest customer base in the telecommunications field.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/6/2013 8:25 AM Buy
None
13.01
as of 12/13/2013
1 Week down  -3.51 %
1 Month down  -4.22 %
3 Months down  -13.67 %
1 YTD down  -30.68 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2013 8:25 AM Hold
None
12.26
8/30/2012 8:25 AM Sell
None
9.27
4/14/2010 8:25 AM Buy
None
10.81
1/5/2010 8:25 AM Hold
None
9.73
11/24/2008 8:25 AM Sell
None
6.05
10/20/2008 8:25 AM Buy
None
7.89

(*) Stock Price at the time of the recommendation.
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