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Kubota (KUBTF) Gets a Buy from Goldman Sachs

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

Goldman Sachs analyst Takeru Adachi maintained a Buy rating on Kubota today and set a price target of Yen2,700.00.

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According to TipRanks, Adachi is a 3-star analyst with an average return of 9.2% and a 66.67% success rate. Adachi covers the Industrials sector, focusing on stocks such as Nomura Micro Science Co., Ltd., Itochu, and Kurita Water Industries.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kubota with a Yen2,700.93 average price target.

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Based on Kubota’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of Yen749.35 billion and a net profit of Yen49.48 billion. In comparison, last year the company earned a revenue of Yen698.33 billion and had a net profit of Yen47.11 billion

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