Goldman Sachs analyst Yuichiro Isayama maintains a Buy rating on Fanuc with an unchanged price target of 6,000 yen, but removed the stock from the firm’s Japan Conviction List as potential upside has declined relative to the rest of the analyst’s coverage. However, the firm continues to see an opportunity for Fanuc from the cyclical recovery.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly