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

Rating:
Neutral ERIC
down 10.75 %

Lm Ericsson Telephone Company (ERIC) upgraded to Neutral by UBS

Posted on: Wednesday,  Oct 28, 2009  8:25 AM ET by UBS

UBS rated Neutral Lm Ericsson Telephone Company (NASDAQ: ERIC) on 10/28/2009. Previously UBS rated Sell Lm Ericsson Telephone Company (NASDAQ: ERIC) on
07/28/2009., when the stock price was $9.21. Since then, Lm Ericsson Telephone Company has gained 12.05% as of 10/28/2009's recent price of $10.32.
If you would have followed the previous UBS's recommendation on ERIC, you would have lost 10.75% of your investment in 92 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/28/2009 8:25 AM Hold
None
10.32
as of 12/31/2009
1 Week   
1 Month   
3 Months down  -2.99 %
1 YTD down  -29.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/28/2009 8:25 AM Sell
None
9.21
5/15/2009 8:25 AM Hold
None
8.54
1/13/2009 1:25 PM Sell
None
7.30
12/3/2007 1:25 PM Hold
None
24.90 26.70

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