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News Update: Credit Suisse Upgraded Ericsson To Outperform

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Published on Apr 14, 2010

4/14/2010- Ericsson (NASDAQ:ERIC) was upgraded to outperform from neutral by Credit Suisse and its price target was raised to 90 krona, up from 70 krona.

Credit Suisse said that infrastructure fundamentals are improving and an improved mix and leverage will lift margins. The bank also added the telecom equipment maker to its European Focus List.

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