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Finance

Should I Buy Panasonic Stock Amid the EV Shift?

Panasonic stock has risen by 1.4 percent in the last five days and by 21.7 percent in the last year. The stock is trading 1.8 percent below its 52-week high of $11.94 and 89.3 percent above its 52-week low of $6.19.

According to estimates compiled by CNN, analysts’ median target price is $11.05 for Panasonic, which is 5.7 percent below its current stock price. Among the 16 analysts tracking Panasonic, five recommend a buy, nine recommend a hold, and two recommend a sell. The highest target price of $15.37 is 31.1 percent above the stock’s current price, while the lowest target price of $6.40 is 45.4 percent below the stock’s current price.

View more information: https://marketrealist.com/p/should-i-buy-panasonic-stock/

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