JP Morgan Downgrades Telefonaktiebolaget L M to Neutral
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sandeep Deshpande has downgraded Telefonaktiebolaget L M (ERIC) from Overweight to Neutral.

November 30, 2023 | 12:28 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
JP Morgan analyst Sandeep Deshpande downgraded ERIC from Overweight to Neutral, potentially influencing investor sentiment.
Analyst ratings often affect stock prices in the short term. A downgrade from Overweight to Neutral suggests a less bullish outlook on the stock, which could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100