Bofa analyst Shinichiro Nakamura downgrade Mitsubishi UFJ (Mufg) Neutral of buying with a price target of $ 13.39, down from $ 14.14. Among the Japanese banking majors, the company Mizuho preferred (Mfg), the analyst noted. For Mitsubishi UFJ, the company sees a “significant disadvantage risk” to guidance and sees a scope for the stock to lose its premium in the near term, the analyst added.
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