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

Rating:
Outperform
ERIC
up 10.98 %

Lm Ericsson Telephone Company (ERIC) rated Outperform with price target $12 by Wedbush Morgan

Posted on: Tuesday,  Dec 1, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Lm Ericsson Telephone Company (NASDAQ: ERIC) on 12/01/2009. Previously Wedbush Morgan rated Buy Lm Ericsson Telephone Company (NASDAQ: ERIC)
on 04/15/2009., when the stock price was $8.92. Since then, Lm Ericsson Telephone Company has gained 10.99% as of 09/18/2015's recent price of $9.90.
If you would have followed the previous Wedbush Morgan's recommendation on ERIC, you would have gained 10.98% of your investment in 2347 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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/1/2009 9:25 AM Buy
None
9.85 12.00
as of 12/31/2009
1 Week up  27.04 %
1 Month up  21.04 %
3 Months up  17.66 %
1 YTD up  19.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/15/2009 8:25 AM Buy
None
8.92 11.50

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