2024-01-31 08:52:42 ET
Summary
- Komatsu's key financial metrics for the third quarter of fiscal 2023 were better than what the analysts had anticipated earlier.
- The company's Latin American market growth potential and its positive dividend outlook might lead to a positive re-rating of the stock's valuations.
- I continue to be bullish on Komatsu stock, after reviewing its latest quarterly results and assessing potential catalysts.
Elevator Pitch
I still have a Buy rating for Komatsu Ltd. ( KMTUY ) [6301:JP] shares. My earlier November 16, 2023 update was focused on KMTUY's revenue mix and price hike guidance....
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For further details see:
Komatsu: Staying Bullish Following Above-Expectations Results