| Over a month ago | ||||
Virtual Meeting to be… Virtual Meeting to be held on November 25 hosted by JPMorgan. | ||||
Virtual Meeting to be… Virtual Meeting to be held on November 25 hosted by JPMorgan. | ||||
Virtual Meeting to be… Virtual Meeting to be held on November 24 hosted by JPMorgan. | ||||
Virtual Meeting to be… Virtual Meeting to be held on November 24 hosted by JPMorgan. | ||||
Jefferies analyst Sho… Jefferies analyst Sho Fukuhara upgraded Hitachi Construction Machinery (HTCMY) to Buy from Hold with a price target of 3,500 yen, up from 3,200 yen. Hitachi Construction shares are now trading on par with those of Komatsu (KMTUY), but at roughly a 10% discount to U.S. peers, said Fukuhara. The company's Q2 FY3/21 profits showed how Hitachi Construction has been able to offset near-term demand and price headwinds with its cost control, added the analyst. | ||||
Citi analyst Graeme… Citi analyst Graeme McDonald downgraded Hitachi Construction Machinery to Neutral from Buy with a price target of 3,050 yen, down from 3,500 yen. Hitachi is considering selling half of its 50.2% stake in the company to the Japanese government-backed Japan Investment Corporation, as reported last Friday by Nikkei and other media sites, would be negative for Hitachi Construction's share price, McDonald tells investors in a research note. |