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Bernstein Reaffirms Their Buy Rating on Fanuc Corporation (6954)
Bernstein analyst Jay Huang reiterated a Buy rating on Fanuc Corporation today and set a price target of Yen7,000.00.
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According to TipRanks, Huang is a 4-star analyst with an average return of 18.0% and a 70.49% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fanuc Corporation with a Yen6,956.67 average price target.
Based on Fanuc Corporation’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of Yen196.36 billion and a net profit of Yen37.84 billion. In comparison, last year the company earned a revenue of Yen195.1 billion and had a net profit of Yen28.8 billion
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