Erste Group Downgrades Toyota Motor to Hold
Portfolio Pulse from Benzinga Newsdesk
Erste Group analyst Hans Engel has downgraded Toyota Motor (NYSE:TM) from Buy to Hold.
June 14, 2024 | 4:28 pm
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Erste Group analyst Hans Engel has downgraded Toyota Motor from Buy to Hold, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold by a reputable analyst suggests a less favorable view on Toyota's stock performance, which could lead to a short-term decline in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100