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Fanuc Corporation (6954) Gets a Sell from Goldman Sachs

Tipranks - Tipranks - Fri Jan 16, 6:40AM CST

In a report released today, Yuichiro Isayama from Goldman Sachs maintained a Sell rating on Fanuc Corporation, with a price target of Yen5,000.00.

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Isayama covers the Industrials sector, focusing on stocks such as Harmonic Drive Systems, Mitsubishi Heavy Industries, and SMC (OR). According to TipRanks, Isayama has an average return of 6.5% and a 56.12% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fanuc Corporation with a Yen6,333.33 average price target.

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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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