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Bernstein Remains a Sell on Nissan Motor Co (NSANF)

Tipranks - Tipranks - Thu Mar 5, 7:02AM CST

Bernstein analyst Masahiro Akita maintained a Sell rating on Nissan Motor Co today and set a price target of Yen300.00.

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Akita covers the Consumer Cyclical sector, focusing on stocks such as Suzuki Motor, SUBARU, and Mazda Motor. According to TipRanks, Akita has an average return of -3.8% and a 37.14% success rate on recommended stocks.

In addition to Bernstein, Nissan Motor Co also received a Sell from UBS’s Kohei Takahashi in a report issued on February 27. However, on February 24, J.P. Morgan maintained a Hold rating on Nissan Motor Co (Other OTC: NSANF).

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Based on Nissan Motor Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of Yen2999287000 thousand and a GAAP net loss of Yen28.3 billion. In comparison, last year the company earned a revenue of Yen3158986000 thousand and had a GAAP net loss of Yen14.08 billion

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