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Fly News Breaks for September 22, 2015
ERIC
Sep 22, 2015 | 07:35 EDT
Bernstein notes that Ericsson's stock has fallen recently even though it is "broadly unaffected" by the slowdown in China. The firm thinks that the company should benefit from consolidation in the wireless space, while its gross margin and revenue trends are favorable. The firm keeps an Outperform rating on the shares.