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Macquarie Reaffirms Their Buy Rating on Fanuc Corporation (6954)

Tipranks - Tue Mar 10, 5:22AM CDT

Macquarie analyst maintained a Buy rating on Fanuc Corporation today and set a price target of Yen7,500.00.

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In a report released on March 4, TipRanks – OpenAI also reiterated a Buy rating on the stock with a Yen7,801.00 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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