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New Buy Rating for Fujitsu (FJTSF), the Technology Giant
Bank of America Securities analyst maintained a Buy rating on Fujitsu today and set a price target of Yen5,300.00.
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In addition to Bank of America Securities, Fujitsu also received a Buy from TipRanks – Google’s Google Information Technology Services in a report issued on March 1. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Fujitsu (Other OTC: FJTSF).
Based on Fujitsu’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of Yen884.64 billion and a net profit of Yen81.69 billion. In comparison, last year the company earned a revenue of Yen924.76 billion and had a net profit of Yen52.42 billion
Read More on FJTSF:
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- Fujitsu Nears Cap on ¥170 Billion Share Buyback Program
- Broadcom (AVGO) Expects Very Strong Demand for a New Kind of AI Chip
- Fujitsu Advances Share Buyback, Repurchasing Over 31 Million Shares Under Ongoing Program
- Fujitsu to Absorb SME and Regional Industry Solutions Business from Subsidiary
- Fujitsu Lifts Dividend Forecast on Upgraded Earnings and Cash Flow Outlook
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