UBS upgrades Furukawa Electric to Neutral

An UBS analyst upgraded Furukawa Electric (TYO: 5801) from Sell to Neutral with a price target of $2370.00 from a prior price target of JPY2300.00.
Prior to this rating, Furukawa Electric had 1 buy ratings, 7 hold ratings, and 1 sell ratings.
For consensus analyst estimates and price targets on Furukawa Electric, click here. For more news on Furukawa Electric, click here.
Furukawa Electric's stock price closed at $2.0. They are down -99.92% in the last month and up 5.1% in the last 12 months.
According to Investing Pro, Furukawa Electric's fair value is $2.5K, an upside of 7.9%. Furukawa Electric's fair value comes with a medium degree of uncertainty, according to InvestingPro.
Check out Furukawa Electric's recent earnings performance and financials here.

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