Morgan Stanley has reinstated its coverage of Fujitsu (FJTSY), giving it an Overweight rating and setting a price target of 3,400 yen. Analyst Hideaki Tanaka highlighted that Fujitsu’s strategic focus on Service Solutions is anticipated to decrease its cost of capital and improve its overall enterprise value.
This renewed emphasis on core services is seen as a key driver in enhancing Fujitsu’s market position and financial performance. Investors have been informed of the potential benefits this strategic direction could bring to the company, reflecting optimism in Fujitsu's future growth prospects.
