Panasonic (PCRFY) Upgraded by Zacks Investment Research to Buy
Panasonic (OTCMKTS:PCRFY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday. The brokerage presently has a $16.00 target price on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 8.14% from the company’s current price.
According to Zacks, “PANASONIC CORPORATION is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs. The company’s shares are listed on the Tokyo, Osaka, Nagoya and New York stock exchanges. “
Separately, ValuEngine lowered shares of Panasonic from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
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Panasonic Corporation is engaged in the development of diverse electronics technologies and solutions. The Company operates through five segments: Appliances, Eco Solutions, AVC Networks, Automotive & Industrial Systems, and Other. The Appliances segment is engaged in the development, manufacture and sale of consumer electronics, air-conditioners, cold chain and devices.
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