Toyota Motor Corp. (TM) Rating Increased to Buy at Zacks Investment Research
Toyota Motor Corp. (NYSE:TM) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a research report issued on Tuesday.The firm currently has a $129.00 price target on the stock.Zacks Investment Research's price target would indicate a potential upside of 10.19% from the company's previous close.
Toyota Motor Corp. (TM) Stock Rating Lowered by Zacks Investment Research
Toyota Motor Corp. (NYSE:TM) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research report issued on Thursday.According to Zacks, "Toyota focuses on product development, capacity increases and expansion in emerging markets.The automaker also made several structural changes in order to deliver high-quality vehicles and improve the strength and autonomy of regional operations.
Toyota (TM) to Form Internal Company for Emerging Markets
Toyota Motor Corporation TM, along with its fully-owned subsidiary, Daihatsu, plans to establish an internal company that will cater to the compact vehicles sector in emerging markets.The new company will be responsible for all aspects of the business from product planning to preparation of production.The internal company will be aimed at developing and launching competitive compact vehicles in the emerging markets where the potential for growth remains high.