Jefferies Financial Group assumed coverage on shares of Alps Alpine (OTCMKTS:TYOYY) in a research report sent to investors on Wednesday morning, The Fly reports. The firm issued a buy rating on the stock.
Shares of TYOYY opened at $127.01 on Wednesday. Alps Alpine has a 52 week low of $73.50 and a 52 week high of $132.30.
About Alps Alpine
Taiyo Yuden Co, Ltd. develops, manufactures, and sells electronic components worldwide. It offers multilayer ceramic capacitors for use in smartphones, automobiles, and other devices; ferrite and applied products, such as inductors used in electronic equipment power and high-frequency circuits; integrated modules and devices, including film bulk acoustic resonator/surface acoustic wave devices for mobile communications and power supply modules; and other electronic components, such as energy devices used as backup power equipment for smart meters and other similar products, as well as peak current assistance for LED flashes.
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