UBS Downgrades Mitsubishi Corp Stock Amid Concerns Over Growth Potential and ROE Forecasts
Wednesday, 12 June 2024, 10:40
UBS Downgrades Mitsubishi Corp Stock
UBS has downgraded Mitsubishi Corp stock due to reduced growth prospects and ROE projections. The bank cited concerns over the company's performance moving forward.
Reasons for Downgrade
- Decreased Growth Momentum
- Lower ROE Expectations
The decision highlights the challenges faced by Mitsubishi Corp in maintaining its competitive position.
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