Zacks Investment Research lowered shares of Horiba (OTCMKTS:HRIBF) from a buy rating to a hold rating in a report issued on Tuesday morning.

According to Zacks, “Horiba Ltd. engages in manufacture and sale of instruments and systems for industrial applications. Its operating segments include Automotive Test Systems, Process and Environmental Instruments, Semiconductor Instruments, Medical-Diagnostic Instruments and Systems and Scientific Instruments and Systems. The company operates primarily in America, Asia and Oceania, Japan and Europe. Horiba Ltd is engaged in Kyoto, Japan. “

Horiba (HRIBF) remained flat at $$61.03 during midday trading on Tuesday. The firm has a market capitalization of $2,600.00 and a price-to-earnings ratio of 18.84. Horiba has a 12-month low of $61.03 and a 12-month high of $64.50.

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