Morgan Stanley Downgrades Telefonaktiebolaget L M to Underweight, Lowers Price Target to $9
Morgan Stanley analyst Terrance Tsul downgrades Telefonaktiebolaget L M (NASDAQ:ERIC) from Equal-Weight to Underweight and lowers the price target from $11 to $9.
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Why It Matters
A big bank analyst thinks this phone company stock looks less attractive now. They lowered their price target, suggesting they see less upside ahead.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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