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Citi downgrades Keyence (KYCCF) to a Hold
Keyence received a Hold rating and a Yen62,000.00 price target from Citi analyst Graeme McDonald today. The company’s shares closed yesterday at $382.50.
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McDonald covers the Industrials sector, focusing on stocks such as Komatsu Ltd., IHI, and Makita Corporation. According to TipRanks, McDonald has an average return of 5.0% and a 43.75% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Keyence with a $513.96 average price target.
The company has a one-year high of $537.90 and a one-year low of $310.00. Currently, Keyence has an average volume of 4,194.
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