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ubs maintains sell rating for ericsson with target price of 52 crowns

UBS has maintained a 'Sell' rating for Ericsson, setting a target price of 52 Swedish crowns following the company's third-quarter results, which met expectations. Analyst Francois-Xavier Bouvignies noted that gross margins remain strong, and consensus estimates for 2024 and 2025 operating profit are expected to rise by 5 to 10 percent.
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Swedish Krona Euro United States Dollar Ericsson AB SWE Francois-Xavier Bouvignies
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14:38 15.10.2024
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