We've increased our fair value estimate for Ericsson to $8.70 from $8.50 to account for a weakening US dollar relative to the Swedish Krona, based on the Jan. 24, 2025 exchange rate of SEK 10.93/USD.
Supported by European technology leaders ASML and SAP, Ericsson and Nokia are organized a unique New Industrial Ambition for Europe summit in Brussels in January 16.