Share price pullback in this Japan stock is a buying opportunity: Jefferies

Investing
2026.03.26 00:01
portai
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Jefferies has upgraded Kubota to Buy, citing a recent share price pullback as a buying opportunity. Analysts believe Kubota's valuation is now more attractive, with expected U.S. sales growth in 2026 driven by new compact track loader products and tractor restocking demand. Jefferies also raised price targets for Kubota to JPY3,000 from JPY2,000, while maintaining Hold ratings on Komatsu, Hitachi Construction Machinery, and Sumitomo Heavy Industries, noting geopolitical risks may affect investor sentiment.