Fanuc Corporation (6954) Gets a Buy from Bernstein
Bernstein analyst Jay Huang maintained a Buy rating on Fanuc Corporation (6954 – Research Report) on May 22 and set a price target of Yen5,400.00. The company’s shares closed today at Yen3,930.00.
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Huang covers the Technology sector, focusing on stocks such as Cognex, Keyence, and IPG Photonics. According to TipRanks, Huang has an average return of 0.1% and a 45.95% success rate on recommended stocks.
Fanuc Corporation has an analyst consensus of Strong Buy, with a price target consensus of Yen4,655.00, which is a 18.45% upside from current levels. In a report released on May 20, UBS also upgraded the stock to a Buy with a Yen4,930.00 price target.
6954 market cap is currently Yen3663.8B and has a P/E ratio of 24.83.
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