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SMBC Nikko Sticks to Its Buy Rating for Tokyo Electron (TOELF)
SMBC Nikko analyst maintained a Buy rating on Tokyo Electron today and set a price target of Yen81,000.00.
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In a report released on June 18, J.P. Morgan also maintained a Buy rating on the stock with a Yen85,000.00 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:
Disclaimer & DisclosureReport an Issue
- Tokyo Electron Elevates Veteran Executive Hiroshi Ishida to Representative Director and Future COO
- 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
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