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New Buy Rating for Tokyo Electron (TOELF), the Technology Giant
In a report released today, from Iwai Cosmo maintained a Buy rating on Tokyo Electron, with a price target of Yen76,000.00.
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In a report released on June 3, Bernstein also maintained a Buy rating on the stock with a Yen59,200.00 price target.
Based on Tokyo Electron’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of Yen711.82 billion and a net profit of Yen214.29 billion. In comparison, last year the company earned a revenue of Yen655.4 billion and had a net profit of Yen142.97 billion
Read More on TOELF:
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- Tokyo Electron Sets Up ¥150 Billion Share Buyback Facility Ahead of Stock Split
- Tokyo Electron Announces 5-for-1 Stock Split and Major Increase in Authorized Shares
- Tokyo Electron Raises Annual Dividend Payout for Fiscal 2026
- Tokyo Electron Lifts Profit and Dividends as Semiconductor Demand Stays Strong
- Tokyo Electron Taiwan Fined Over Lapse in Supervision on Trade Secrets Case
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