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Macquarie Sticks to Its Buy Rating for Yaskawa Electric (YASKF)
In a report released today, Wendy Pan from Macquarie maintained a Buy rating on Yaskawa Electric, with a price target of Yen4,000.00. The company’s shares closed last Wednesday at $23.00.
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According to TipRanks, Pan is a 4-star analyst with an average return of 14.9% and a 60.00% success rate. Pan covers the Industrials sector, focusing on stocks such as Mitsubishi Heavy Industries, Fuji, and Yaskawa Electric.
In addition to Macquarie, Yaskawa Electric also received a Buy from Morgan Stanley’s Lisa Jiang in a report issued on June 26. However, on June 27, Citi maintained a Hold rating on Yaskawa Electric (Other OTC: YASKF).
YASKF market cap is currently $5.71B and has a P/E ratio of 16.45.
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