Ticker

Shares of Mitsubishi Corp. (OTCMKTS:MSBHF - Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $27.31, but opened at $28.45. Mitsubishi shares last traded at $28.45, with a volume of 581 shares changing hands. Analyst Upgrades and Downgrades Separately, Zacks Research upgraded shares of Mitsubishi to a

I upgrade Mitsubishi Corporation from "Hold" to "Buy," after identifying encouraging read-throughs from its latest investment event disclosures. MSBHF targets FY2030 earnings of ¥1,500 billion (+13.4% 5-year CAGR), which is supported by portfolio reshaping activities and a sharpened focus on four key businesses. The company has meaningful ROE expansion potential, considering management's willingness to raise its…

Warren Buffett retired as CEO on Dec. 31 and handed Berkshire Hathaway's proverbial keys to longtime understudy, Greg Abel. In Buffett's and Abel's respective letters to shareholders, neither listed this former No.

Mitsubishi stock has skyrocketed in part due to rising demand for LNG, copper, and other materials. Another Japanese stock, Marubeni, has also been a big winner for Buffett this year.