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Ericsson Reaches Analyst Target Price
Source: Nasdaq
Analyst EstimatesMarket Technicals & FlowsTechnology & Innovation
Ericsson shares rose above the average 12-month analyst price target of $10.23, trading at $10.31 per share. The move may prompt analysts to reassess valuation assumptions, either through downgrades if upside is viewed as exhausted or target-price revisions if fundamentals have improved.
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