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Fly News Breaks for January 19, 2017
ERIC
Jan 19, 2017 | 05:12 EDT
Goldman Sachs analyst Alexander Duval downgraded Ericsson to Sell after lowering his estimates for the company to reflect emerging market risks and margin erosion. The analyst sees "challenging near-term dynamics" for Ericsson and raised his price target for the shares to $6 from $5.20.