Jefferies analyst Atul Goyal upgraded Panasonic to Hold from Underperform with a price target of $8.37, up from $6.66. The analyst views the company’s fundamental position as "weak," especially in non-battery businesses. However, the firm now believes potential upside risk exceeds downside risk for the shares in the near-term.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on PCRFY:
