Jefferies Keeps Their Buy Rating on Nidec (NNDNF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 27 2024
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Source: Business Insider
Analyst Ratings: Jefferies analyst Akinori Kanemoto has maintained a Buy rating on Nidec with a price target of Yen4,800.00, while Nomura also issued a Buy rating; however, CLSA has a Sell rating on the company.
Company Overview: Nidec Corporation specializes in manufacturing small precision motors and related products across various segments, including automotive and industrial applications, and has a current market cap of $24.23 billion.
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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.
