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BofA/Merrill Lynch Downgrades Ericsson (ERIC) to Underperform

May 23, 2011 6:50 AM EDT
Get Alerts ERIC Hot Sheet
Price: $9.79 -0.61%

Rating Summary:
    5 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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BofA/Merrill Lynch downgraded Ericsson (NASDAQ: ERIC) from Neutral to Underperform.

For more ratings news on Ericsson click here and for the rating history of Ericsson click here.

Shares of Ericsson closed at $15.05 yesterday.


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Downgrades, Hot Downgrades

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Merrill Lynch, Bank of America