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Fly News Breaks for September 14, 2018
MKTAY
Sep 14, 2018 | 04:55 EDT
Goldman Sachs analyst Yuichiro Isayama upgraded Makita Corporation to Neutral with an increased price target of 5,100 yen. The analyst thinks the market is focusing less on Makita's earnings and more on the "highly defensive nature" of its consumer products business. As such, he thinks the stock is unlikely to underperform the machinery sector.
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