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Fly News Breaks for September 5, 2018
NOK, ERIC
Sep 5, 2018 | 12:02 EDT
JPMorgan analyst Sandeep Deshpande upgraded Ericsson (ERIC) to Overweight from Neutral on expectations that the start of 5G related spending could jump start the moribund radio access network market. Radio network revenue at both Ericsson and Nokia (NOK) could rise as much as 18% from current levels, Deshpande tells investors in a research note.