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Fly News Breaks for February 5, 2018
ERIC
Feb 5, 2018 | 09:16 EDT
As previously reported, BofA/Merrill downgraded Ericsson two notches to Underperform from Buy. Analyst Tal Liani said Ericsson's valuation is losing support following disappointing Q4 results, with revenue and EBIT margins missing his estimates.