Toyota Motor's American depositary receipts are trading higher following a report that the automaker aims to double a key profitability metric.
The stock was up 6.9% at $193.90 just after the opening bell, and is up about 7% year to date.
The Japanese newspaper Nikkei reported on Wednesday that Toyota aims to double its return-on-equity target to 20%. The report cites an unnamed source.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.