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Tokyo Electron (TOELF): New Buy Recommendation for This Technology Giant
In a report released today, from Citi maintained a Buy rating on Tokyo Electron, with a price target of Yen45,000.00.
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Tokyo Electron has an analyst consensus of Strong Buy, with a price target consensus of Yen48,791.36.
Based on Tokyo Electron’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of Yen552.05 billion and a net profit of Yen118.54 billion. In comparison, last year the company earned a revenue of Yen654.54 billion and had a net profit of Yen157.26 billion
Read More on TOELF:
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- Tokyo Electron Progresses ¥150 Billion Share Buyback Program
- Tokyo Electron to Book ¥76 Billion Extraordinary Gain from Sale of Investment Securities
- Tokyo Electron Launches ¥150 Billion Share Buyback to Optimize Capital Structure
- Tokyo Electron Posts Strong Nine-Month Earnings and Lifts Full-Year Profit Outlook
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