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Citi opens ‘negative catalyst watch’ on Ericsson into earnings
The Fly

Citi opens ‘negative catalyst watch’ on Ericsson into earnings

Citi opened a “negative catalyst watch” on shares of Ericsson ahead of the Q1 earnings report. The firm foresees persistent headwinds for telecom equipment, which it thinks is a near-term problem for Ericsson more than Nokia.

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