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.
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>>
Read More on FUJHY:
- Trump Trade: U.S. announces 15% tariff on goods from Japan
- Toyota, Honda rise in pre-market trading following Japan-U.S. trade deal
- Subaru reports May U.S. sales down 10.4% to 52,292 vehicles