Morgan Stanley analyst Kazuo Yoshikawa resumed coverage of Nikon with an Equal Weight rating and 1,250 yen price target. While the firm sees minimal downside given the current valuation, it argues that the likelihood of an earnings recovery in 2024 "isn’t that high either."
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly