Citigroup Upgrades Komatsu Stock Rating to Strong-Buy
1 report, 1 independent
Updated Thu 00:00
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What happened
Citigroup upgraded Komatsu's stock rating from a "hold" to a "strong-buy" in a research report released on October 22, 2026. Komatsu is projected to announce its quarterly results after the market closes on October 29th, with analysts expecting earnings of $0.7180 per share and revenue of $6.70 billion for the quarter.
From tickerreport.com
Why it matters
The upgrade suggests increased confidence in Komatsu's future performance, following the company's recent quarterly earnings which reported $0.67 earnings per share and $6.37 billion in revenue. Analysts expect Komatsu to post $2.69 EPS for the current fiscal year.
From tickerreport.com
Who's involved
- CitigroupAmerican investment bank that issued the rating upgrade for Komatsu
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The entities involved
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Citigroup
American investment bank and financial services corporation