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Fanuc Corporation (6954) Gets a Buy from Morgan Stanley

Tipranks - Wed Jan 14, 5:20AM CST

Morgan Stanley analyst Lisa Jiang reiterated a Buy rating on Fanuc Corporation today and set a price target of Yen7,000.00.

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According to TipRanks, Jiang is ranked #3220 out of 11984 analysts.

Currently, the analyst consensus on Fanuc Corporation is a Moderate Buy with an average price target of Yen5,900.00.

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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