Toyota Motor (TM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Investing.com-- Morgan Stanley analysts hiked their price targets on Toyota and Honda , while citing the latter as their top pick among Japanese automakers on improved profitability prospects and sustained shareholder returns.
Toyota Motor's April global sales and production fell from a year earlier, hurt by an intense price war in China and a decline in Japan after a production stoppage of some models and a safety test scandal at its small car unit. Global sales fell 0.5% in April, as a 27% slump in China - the world's biggest auto market - and a 14% drop in Japan offset double-digit growth in the United States and Europe. Toyota said its China sales fell even as it held promotional events at stores across the country.