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Tokyo Electron (TOELF): New Buy Recommendation for This Technology Giant

Tipranks - Thu Jun 4, 1:00PM CDT

Bernstein analyst David Dai CFA maintained a Buy rating on Tokyo Electron today and set a price target of Yen59,200.00.

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Dai CFA covers the Technology sector, focusing on stocks such as Tokyo Electron, Infineon Technologies AG, and Advantest. According to TipRanks, Dai CFA has an average return of 42.8% and an 80.49% success rate on recommended stocks.

In a report released on June 1, Goldman Sachs also maintained a Buy rating on the stock with a Yen62,000.00 price target.

The company has a one-year high of Yen54,740.00 and a one-year low of Yen19,870.00. Currently, Tokyo Electron has an average volume of 3.11M.

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