UPDATE: Deutsche Bank Downgrades Canon to Hold
December 04, 2012 at 09:08 AM EST
Deutsche Bank published a research report on Canon (NYSE: CAJ ) and downgraded the company from Buy to Hold on lowered forecasts. In the report, Deutsche Bank wrote, "We expect a full-fledged recovery from the impact of inventory correction for laser printers in FY12/13, and look for an increasing rebound