Morgan Stanley Downgrades Telefonaktiebolaget L M to Underweight, Lowers Price Target to $9

Benzinga Newsdesk www.benzinga.com Negative 89.8%

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Morgan Stanley analyst Terrance Tsul downgrades Telefonaktiebolaget L M (NASDAQ:ERIC) from Equal-Weight to Underweight and lowers the price target from $11 to $9.