Notable Downgrades: Ericsson (ERIC), Vale S.A. (VALE), Triangle Petroleum (TPLM), Alcatel-Lucent (ALU)

Analysts at Swedbank downgraded Ericsson (ERIC) from ‘Buy‘ to ‘Neutral‘ in a research report issued to clients on Wednesday. On valuation measures, Ericsson ADS stock it’s trading at a forward P/E multiple of 14.70x, and at a multiple of 30.85x this year’s estimated earnings. The t-12-month revenue at Ericsson is $26.01 billion. ERIC ‘s ROE […] View the full post at: Notable Downgrades: Ericsson (ERIC), Vale S.A. (VALE), Triangle Petroleum (TPLM), Alcatel-Lucent (ALU) Related posts: Industry bodies press EU to act on iron ore prices Top Pre-Market Stock Upgrades/Downgrades April 21, 2010