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Morgan Stanley Sticks to Their Hold Rating for Nippon Telegraph and Telephone (NPPXF)

Morgan Stanley Sticks to Their Hold Rating for Nippon Telegraph and Telephone (NPPXF)

In a report released on May 29, Tetsuro Tsusaka from Morgan Stanley maintained a Hold rating on Nippon Telegraph and Telephone (NPPXF – Research Report), with a price target of Yen150.00.
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Tsusaka covers the Communication Services sector, focusing on stocks such as CyberAgent, Dentsu, and Hakuhodo Dy Holdings. According to TipRanks, Tsusaka has an average return of 6.9% and a 61.54% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Nippon Telegraph and Telephone with a $1.06 average price target.
Based on Nippon Telegraph and Telephone's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3655003000 thousand and a net profit of $149.33 billion. In comparison, last year the company earned a revenue of $3657713000 thousand and had a net profit of $268.41 billion
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