Goldman Sachs downgrades Ericsson (ERIC) to Neutral from Buy. The stock could trade at a...

|By:, SA News Editor

Goldman Sachs downgrades Ericsson (ERIC) to Neutral from Buy. The stock could trade at a sustained discount, given softening earnings growth, competition from Chinese rivals, and M&A risk, says Goldman. Premarket, Ericsson is -1.1%.