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Tuesday, August 23, 2011

Toyota To Reveal New Camry

- Toyota To Reveal New Camry

Aug 23, 2011

Car maker Toyota (NYSE:TM) plans to unveil its first redesign of the Camry in five years on Tuesday. The company promises new upgrades and other technologies.

Toyota has released some details about the new car, which will be displayed at events in California, Michigan, and at Georgetown, Kentucky where the Camry is made. The features of the car will have an entertainment system called Entune, which allows drivers to connect to mobile apps such as Pandora (NYSE:P).

Toyota Motor (NYSE:TM) has a potential upside of 31% based on a current price of $70.54 and an average consensus analyst price target of $92.4.

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