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Fly News Breaks for December 21, 2015
ERIC
Dec 21, 2015 | 07:42 EDT
As noted earlier, RBC Capital downgraded Ericsson to Sector Perform from Outperform. As reasons for the downgrade, the firm cited what it sees as the company's decelerating revenue growth, missed opportunities to increase its margins, and the long-term nature of its restructuring goals. Target to $10 from $11.