Ericsson Shares Fall After Morgan Stanley Downgrade on NA Revenue

By EC Assets · Published 22 September 2026

Ericsson shares saw a decline following a downgrade from Morgan Stanley. The investment bank cited falling North American revenue and margins as reasons for its action. Morgan Stanley also cut its price target on four technology hardware companies. Ericsson is a telecom equipment maker. Its shares lost over 3% in trading in Stockholm. Morgan Stanley downgraded two technology hardware companies. These included Ericsson. The firm cited growing uncertainty in the sector for its decision. This article is intended for informational purposes only. It does not constitute investment advice.