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home / news releases / MZDAY - Mazda Motor: Spotlight On Organizational Change And North American Market (Rating Upgrade)

MZDAY - Mazda Motor: Spotlight On Organizational Change And North American Market (Rating Upgrade)

Mazda Motor Corp. ADR

2024-03-28 10:23:36 ET

Summary

  • I have a positive opinion of the organizational changes that Mazda Motor plans to make in April 2024.
  • Mazda Motor's North American sales metrics in 2024 year-to-date are pretty strong, which bodes well for the company's overall growth prospects.
  • I upgrade my rating for Mazda Motor to a Buy, following an evaluation of its latest sales numbers for North America and its proposed organizational changes.

Elevator Pitch

Mazda Motor Corporation (MZDAY) [7261:JP] shares are assigned a Buy investment rating. In my January 2, 2024, initiation article , I wrote about MZDAY's sales outlook for the China market and the company's electrification transition....

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Mazda Motor: Spotlight On Organizational Change And North American Market (Rating Upgrade)
Stock Information
Company Name: Mazda Motor Corp. ADR
Stock Symbol: MZDAY
Market: OTC
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