As previously reported, Exane BNP Paribas analyst Stefan Slowinski downgraded Ericsson (ERIC) to Neutral from Outperform with a SEK 70 price target. Ericsson has a "complicated" Q4 set-up with multiple one-offs, said Slowinski, who prefers Outperform-rated Nokia (NOK) given his view that Ericsson’s catalysts are "drying up."
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Published first on TheFly
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