Toyota Analysts Lift Ratings to Moderate Buy as Price Target Rises
Analysts covering Toyota Motor cite an average 12-month price target of $290.00. Zacks Research moved the shares from strong sell to hold, and Freedom Capital raised the stock from hold to strong-buy. Toyota reported $7.42 EPS for the quarter, with FY EPS expected at 20.08. Several large investors increased holdings, including Morgan Stanley and Bank of America.