Goldman Sachs maintains a Buy rating on Hoya, but removed the stock from the firm’s Conviction List on account of the risk the firm sees that HDD demand could remain weak for longer than it had previously expected. The firm has a price target of 19,000 yen, down from 19,300 yen, on Hoya Corp. shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>