May 11, 2011
Toyota Motor Co (NYSE:TM) reported a net profit early this morning of $314 million, down 77% from the $1.39 billion the company reported in Q4 of 2010. Revenue for the quarter was down 12% year-over-year to $57.5 billion, falling short of the consensus estimate for $63.4 billion.
Toyota Motor has a potential upside of 14% based on a current price of $81.02 and an average consensus analyst price target of $92.4.
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