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.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>