Zacks Investment Research upgraded shares of Horiba Ltd. (OTCMKTS:HRIBF) from a hold rating to a buy rating in a report published on Thursday morning. They currently have $72.00 target price on the stock.

According to Zacks, “Horiba Ltd. engages in manufacture and sale of instruments and systems for industrial applications. Its operating segments include Automotive Test Systems, Process and Environmental Instruments, Semiconductor Instruments, Medical-Diagnostic Instruments and Systems and Scientific Instruments and Systems. The company operates primarily in America, Asia and Oceania, Japan and Europe. Horiba Ltd is engaged in Kyoto, Japan. “

Horiba (HRIBF) remained flat at $$64.50 during trading hours on Thursday. The stock has a market capitalization of $2,743.38 and a price-to-earnings ratio of 19.91. Horiba has a 12 month low of $45.93 and a 12 month high of $64.50.

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