JP Morgan Maintains Neutral on Telefonaktiebolaget L M, Raises Price Target to $5.9
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sandeep Deshpande maintains a Neutral rating on Telefonaktiebolaget L M (NASDAQ:ERIC) and raises the price target from $5.58 to $5.9.
July 15, 2024 | 1:53 pm
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JP Morgan analyst Sandeep Deshpande maintains a Neutral rating on Telefonaktiebolaget L M (NASDAQ:ERIC) and raises the price target from $5.58 to $5.9.
The raised price target from $5.58 to $5.9 by JP Morgan suggests a positive outlook on ERIC's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100