Bear of the Day: Fujifilm Holdings (FUJIY)
by Zacks Equity ResearchDecember 13, 2012 | Comments : 0 Recommended this article: (0)
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Also, due to the existence of many players in the industry, it becomes challenging for the company to earn profits. Moreover, the ever increasing prices of raw materials remain a nagging concern.
Thus, anticipating Fujifilm to face troubles in revenue generation, we are downgrading the stock from Neutral to Underperform. Our $17.00 target price, 13.4x 2013 EPS, reflects this view.
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