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Fly News Breaks for September 25, 2019
KMTUY
Sep 25, 2019 | 12:11 EDT
Goldman Sachs analyst Yuichiro Isayama upgraded Komatsu to Buy from Neutral and added the stock to the firm's Conviction List while setting a Y3,000 price target on the shares. Komatsu offers "stable and resilient growth" through its after-sales business, which is being "overlooked," while the weaker earnings outlook for construction and mining machinery have already been priced into the stock, the analyst tells investors.
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