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Toyota Analysts Lift Ratings to Moderate Buy as Price Target Rises

Toyota logoToyota
Sig1.75Sen+1.80Env0.00Soc0.00Gov0.00

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.

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