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."
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly