Stock Groups

Jefferies raises price targets for 3 Asian carmakers despite gloomy outlook


On February 6, 2019, the logo of Toyota Motor was displayed in a Tokyo company’s showroom.

Kazuhiro Nogi | AFP | Getty Images

Jefferies predicts that global vehicle sales may decline as a result of long-term manufacturing constraints and tight market conditions. But, Japan’s carmakers will likely avoid major setbacks.


Banner 3