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J.P. Morgan Initiates a Buy Rating on Itochu (ITOCF)
Itochu received a Buy rating and a Yen10,890.00 price target from J.P. Morgan analyst today. The company’s shares closed yesterday at $58.57.
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Itochu has an analyst consensus of Strong Buy, with a price target consensus of $64.17, implying a 9.56% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a Yen8,750.00 price target.
ITOCF market cap is currently $81.7B and has a P/E ratio of 12.99.
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