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Fly News Breaks for November 22, 2019
MRAAY
Nov 22, 2019 | 05:03 EDT
Goldman Sachs analyst Daiki Takayama added Murata Manufacturing to Goldman's Conviction List with an increased price target of 7,600 yen. The analyst keeps a Buy rating on the shares. A rise in content value in 5G handsets and greater procurement outside of the U.S. should drive an upturn in the year-over-year order cycle, strengthening Japanese electronic component makers' positions, says the analyst.
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