Morgan Stanley Keeps Their Buy Rating on NIPPON STEEL (NISTF)
In a report released yesterday, Yu Shirakawa from Morgan Stanley maintained a Buy rating on NIPPON STEEL (NISTF – Research Report), with a price target of Yen4,000.00. The company's shares closed yesterday at $22.44.
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According to TipRanks, Shirakawa is a 2-star analyst with an average return of 0.7% and a 55.56% success rate.
Currently, the analyst consensus on NIPPON STEEL is a Moderate Buy with an average price target of $27.77, implying a 23.75% upside from current levels. In a report released on May 26, UBS also maintained a Buy rating on the stock with a Yen4,090.00 price target.
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