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Toyota Motor (TM) Stock Jumps 8.8%: Will It Continue to Soar?
TMToyota(TM) ZACKS·2024-12-27 09:25

Toyota Motor Corporation (TM) shares rallied 8.8% in the last trading session to close at $197.36. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 6.9% gain over the past four weeks.Toyota’s shares jumped after Nikkei reported that the company plans to raise its return on equity target to 20%, nearly doubling market expectations of 11% for the fiscal year ending in March.This company is expected to post quart ...