Ericsson: Credit Suisse maintains 'Outperform' rating

(CercleFinance.com) - On Wednesday Credit Suisse analysts confirmed an "Outperform" rating on the Ericsson share, liking a "message of confidence".


"Yesterday Ericsson CFO hosted a sell-side analyst call. Key messages were: i) momentum to continue in the US and China in 2H; ii) China 5G on track to be profitable in 2H albeit still dilutive to group GM; iii) solid progress in 5G deal wins (both RAN and
Core)", the broker says.

Credit Suisse therefore confirms its target price of 110 Swedish kronor for the share.


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