Goldman Sachs downgraded Toyota Boshoku to Neutral from Buy with a price target of 2,600 yen, down from 3,000 yen. The analyst says Toyota Boshoku’s share performance is set to reach a plateau amid temporary earnings stagnation and an adjustment in market expectations.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue