Raymond James analyst Simon Leopold maintained a Buy rating on Telefonaktiebolaget LM Ericsson (ERIC – Research Report) today and set a price target of $12.00. The company's shares closed last Thursday at $6.80, close to its 52-week low of $6.68. According to TipRanks.com, Leopold is a 5-star analyst with an average return of 7.2% and a 54.5% success rate. Leopold covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Dell Technologies, and Cambium Networks. Telefonaktiebolaget LM Ericsson has an analyst consensus of Moderate Buy, with a price target consensus of $13.50.
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Ericsson (NASDAQ:ERIC)
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