In a report released today, Edward F. Snyder from Charter Equity maintained a Hold rating on Telefonaktiebolaget LM Ericsson (ERIC – Research Report). The company's shares closed last Thursday at $8.49, close to its 52-week low of $7.57. According to TipRanks.com, Snyder is a 4-star analyst with an average return of 20.0% and a 57.5% success rate. Snyder covers the Technology sector, focusing on stocks such as Skyworks Solutions, Texas Instruments, and Wolfspeed. Currently, the analyst consensus on Telefonaktiebolaget LM Ericsson is a Moderate Buy with an average price target of $15.17. See Insiders’ Hot Stocks on TipRanks >> Telefonaktiebolaget LM Ericsson's market cap is currently $31.
https://www.tipranks.com/news/blurbs/charter-equity-keeps-a-hold-rating-on-telefonaktiebolaget-lm-ericsson-eric?utm_source=advfn.com&utm_medium=referral
Ericsson (NASDAQ:ERIC)
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