UPDATE: Credit Suisse Downgrades Canon Ahead of Slow Market Recovery
January 14, 2014 at 10:44 AM EST
In a report published Tuesday, Credit Suisse analyst Yu Yoshida downgraded Canon, Inc. (NYSE: CAJ ) from Outperform to Neutral, lowering its price target from ¥3,800 to ¥3,300. According to the report, share price downside looks limited given the solid environment for office equipment and attractive dividend yield. However,
