Analyst Issues Sell Rating for KDDI Citing Underperformance and Overvaluation Concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 02 2024
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Source: Business Insider
Analyst Rating on KDDI: Atul Goyal from Jefferies has maintained a Sell rating on KDDI with a price target of Yen3,730.00, citing underperformance in operating profit and market conditions that do not favor holding the stock.
Company Overview: KDDI Corp. operates in telecommunications across various segments including Personal Services and Global Services, providing mobile, fixed-line communications, and cloud-based solutions, but faces challenges in meeting financial expectations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
