Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.380

-4.6%

2:35 PM EST

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To: Mika Kukkanen who wrote (4331)	10/6/2000 1:29:03 PM
From: elmatador	of 5390

BNP PARIBAS LOWERS FORECAST, TARGET PRICE (News agency Direkt) -- BNP Paribas lowered the target price for Ericsson to 200 kronor per share from 220, according to Bloomberg News. BNP Paribas also lowered the profit forecast for the company but kept the market outperform rating. As of 12.06 p.m. Friday, Ericsson B-share was trading at 155 kronor at the OM Stockholm Exchange.

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