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ubs upgrades fanuc to buy amid positive outlook for automation sector
UBS has upgraded FANUC Corp's rating from Neutral to Buy, slightly lowering the price target to JPY 4,930. The analyst cites anticipated growth in infrastructure spending and strong sales in factory automation, particularly in China, as key factors supporting this positive outlook. Despite challenges from US tariffs, FANUC's financial health remains solid, with an attractive stock valuation and potential for increased robot sales due to production shifts back to the US.
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