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UBS maintains a sell rating on Ericsson, citing limited upside and a widening valuation gap with Nokia, while keeping the price target at SEK 57. The company's fourth-quarter revenues met expectations, but EBITA fell short by 8-10%. Ericsson reported an EPS of SEK 0.01 for 2024, a significant recovery from a loss of SEK 7.94 the previous year, and plans to propose a dividend increase of over 5% to SEK 2.85 per share at its Annual General Meeting.
UBS has reiterated its recommendation for Ericsson following recent results, as reported by Cercle Finance. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has no involvement in the analysis preparation and maintains a strict conflict of interest management policy. The information provided is for informational purposes only and does not carry contractual value.
Telefónica España has completed the removal of Huawei technology from its 5G core network by awarding the second phase of the replacement to Nokia, following a previous contract with Ericsson in 2021. This strategic shift aims to diversify suppliers and eliminate reliance on Chinese technology, marking a significant transition since Huawei was initially awarded the core network in 2019.
UBS has maintained a 'Sell' rating for Ericsson, setting a target price of 57 Swedish kronor following the company's fourth-quarter 2024 results. Analyst Francois-Xavier Bouvignies noted that these results do not alter his forecasts for 2025 and 2026.
UBS has maintained its 'Sell' rating for Ericsson, setting a target price of 57 Swedish kronor following the company's fourth-quarter 2024 results. Analyst Francois-Xavier Bouvignies noted that these results do not alter his forecasts for 2025 and 2026.
UBS has maintained a 'Sell' rating for Ericsson, setting a target price of 57 Swedish kronor following the company's fourth-quarter 2024 results. Analyst Francois-Xavier Bouvignies noted that these results do not alter estimates for 2025 and 2026. As of January 24, 2025, Ericsson's stock has seen significant fluctuations across various trading platforms, with a notable decline of 10.58% on Tradegate.
ERICSSON - CLASS B
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs maintains sell rating on ericsson despite improved earnings outlook
12:51 27.01.2025
ubs maintains positive outlook on ericsson following recent results
12:51 27.01.2025
Telefónica completes transition to Nokia for 5G core in Spain
13:44 25.01.2025
UBS maintains sell rating on Ericsson with target price of 57 kronor
12:10 24.01.2025
ubs maintains sell rating on ericsson with target price of 57 kronor
11:57 24.01.2025
ubs maintains sell rating for ericsson with target price of 57 kronor
11:10 24.01.2025
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