Goldman Sachs analyst Kota Yuzawa upgraded Subaru (FUJHY) to Buy from Neutral with a price target of 3,300 yen, up from 2,350 yen. The firm increased its fiscal 2026 North American shipment volume forecast to 730,000 units for Subaru. The company has manageable tariff exposure and a favorable model cycle, the analyst tells investors in a research note.
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