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Nomura Remains a Buy on Itochu (ITOCF)
Nomura analyst maintained a Buy rating on Itochu today and set a price target of Yen2,560.00.
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Currently, the analyst consensus on Itochu is a Moderate Buy with an average price target of Yen2,431.85.
Based on Itochu’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of Yen3836836000 thousand and a net profit of Yen194.99 billion. In comparison, last year the company earned a revenue of Yen3684787000 thousand and had a net profit of Yen203.78 billion
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