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Enter Symbol:
 
Lm Ericsson Telephone Company (ERIC) [hlAlert]

Rating:
Hold ERIC
up 55.35 %

Lm Ericsson Telephone Company (ERIC) downgraded to Hold by Argus

Posted on: Friday,  Apr 25, 2014  12:00 AM ET by Argus

Argus rated Hold Lm Ericsson Telephone Company (NASDAQ: ERIC) on 04/25/2014. Previously Argus rated Buy Lm Ericsson Telephone Company (NASDAQ: ERIC) on
03/09/2009., when the stock price was $7.75. Since then, Lm Ericsson Telephone Company has gained 55.35% as of 04/25/2014's recent price of $12.04.
If you would have followed the previous Argus's recommendation on ERIC, you would have gained 55.35% of your investment in 1873 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/25/2014 12:00 AM Hold
None
12.04
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -1.63 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/9/2009 8:25 AM Buy
None
7.75 13.00

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