Ericsson (NASDAQ:ERIC – Get Free Report) has been given a consensus rating of “Reduce” by the ten brokerages that are presently covering the stock, MarketBeat Ratings reports. Cfra Research upgraded Ericsson to a “hold” rating in a research report on Wednesday, October 15th. Jefferies Financial Group upgraded shares of Ericsson to a “hold” rating in a research report on Monday, October 13th. Finally, Wall Street Zen lowered shares of Ericsson from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 18th. Get Ericsson alerts:Get Our Latest Stock Report on EricssonEricsson Trading Up 0.1%Hedge Funds Weigh In On EricssonShares of NASDAQ:ERIC opened at $10.89 on Friday.