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DANMARKS STØRSTE INVESTORSITE MED DEBAT, CHAT OG NYHEDER

Ericsson Valuation Still Attractive, Kepler Says, Reiterating Buy

19/10 08:16


  • (PLX AI) – Ericsson's valuation remains attractive, Kepler Cheuvreux analysts said, reiterating a buy recommendation on the stock.
  • • Price target SEK 130 implies 25% upside from this morning's price
  • • Ericsson posted solid Q3 results and should be able to benefit from the 5G cycle, Kepler said
  • • Ericsson shares slipped 2% in early trading despite the earnings beat, as some traders focused on the company's comments on "some impact" it saw from "disturbances in the supply chain"