Daikin Industries (OTCMKTS:DKILY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Friday.
According to Zacks, “DAIKIN INDUSTRIES, LTD. manufactures air conditioning equipment for household and commercial use. The company also operates chemical, oil hydraulics, defense system and electronics businesses. It operates primarily in Japan, Asia and Oceania, Europe, the United States, China and internationally. DAIKIN INDUSTRIES, LTD. is headquartered in Osaka, Japan. “
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