Disco Corporation (NASDAQ:DSCSY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday, April 14th. The brokerage currently has a $36.00 price target on the stock. Zacks Investment Research‘s price target suggests a potential upside of 6.50% from the stock’s previous close.
According to Zacks, “DISCO Corporation manufactures and sells precision cutting, grinding and polishing machines primarily in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws, as well as products for dicing before grinding process and package singulation. The company also manufactures and sells precision diamond abrasive tools; and offers processing services. DISCO Corporation is headquartered in Tokyo, Japan. “
Disco Corporation (NASDAQ:DSCSY) traded down 0.45% during mid-day trading on Friday, hitting $33.65. The stock had a trading volume of 387 shares. The firm has a market capitalization of $6.03 billion and a price-to-earnings ratio of 27.84. Disco Corporation has a 52 week low of $16.93 and a 52 week high of $33.65.
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