Seiko Epson Corp (NASDAQ:SEKEY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Tuesday. The brokerage presently has a $14.00 target price on the stock. Zacks Investment Research‘s target price suggests a potential upside of 9.37% from the company’s current price.

According to Zacks, “Seiko Epson Corporation is engaged in the development, manufacturing, sales, marketing and servicing of information-related equipment, electronic devices, precision products and other products. The Information Equipment segment manufactures and offers computers and peripherals, including PCs, printers, scanners and projectors. The Electronic Devices and Precision Equipment segment is engaged in the development, manufacture and sale of quartz devices, semiconductors, and displays, watches, plastic corrective lenses, and factory automation equipment. Seiko Epson Corporation has its head office in Suwa, Nagano. “

Seiko Epson Corp (NASDAQ:SEKEY) opened at 12.928 on Tuesday. The firm’s 50 day moving average is $12.24 and its 200 day moving average is $11.10. The stock has a market capitalization of $9.11 billion and a P/E ratio of 18.429. Seiko Epson Corp has a 1-year low of $8.89 and a 1-year high of $13.25.

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