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Lm Ericsson Telephone Company (ERIC) [hlAlert]

up 2.22 %

Lm Ericsson Telephone Company (ERIC) rated Underweight with price target $9 by JP Morgan

Posted on: Friday,  Mar 26, 2010  8:25 AM ET by JP Morgan

JP Morgan rated Underweight Lm Ericsson Telephone Company (NASDAQ: ERIC) on 03/26/2010, when the stock price was $10.12.
Since then, Lm Ericsson Telephone Company has lost 2.17% as of 09/18/2015's recent price of $9.90.
If you would have followed this JP Morgan's recommendation on ERIC, you would have gained 2.22% of your investment in 2002 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2010 8:25 AM Sell
10.12 9.00
as of 12/31/2010
1 Week down  -4.52 %
1 Month down  -14.24 %
3 Months down  -7.47 %
1 YTD down  -16.50 %

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