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 $6.81. According to TipRanks.com, Snyder is a 5-star analyst with an average return of 19.7% and a 55.6% success rate. Snyder covers the Technology sector, focusing on stocks such as Skyworks Solutions, Texas Instruments, and ON Semiconductor. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Telefonaktiebolaget LM Ericsson with a $15.00 average price target. See Insiders’ Hot Stocks on TipRanks >> The company has a one-year high of $13.
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Ericsson (NASDAQ:ERIC)
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