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Citi Reaffirms Their Buy Rating on Fanuc Corporation (6954)
In a report released today, from Citi maintained a Buy rating on Fanuc Corporation, with a price target of Yen7,600.00.
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In a report released on April 10, Bernstein also reiterated a Buy rating on the stock with a Yen7,000.00 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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