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Rating: CAJ
Neutral

Canon, Inc. (NYSE: CAJ) reiterated to Neutral by Credit Suisse

Tuesday,  Jan 14, 2014  9:25 AM ET by Kristen Bailey

Credit Suisse reiterated Canon, Inc. (NYSE: CAJ) to Neutral.
Credit Suisse rated Canon, Inc. (NYSE: CAJ) to Neutral on 09/26/2008, when the price was $38.89.

Canon Inc. (Canon) is a manufacturer of network digital multifunction devices (MFDs), plain paper copying machines, laser beam printers, inkjet printers, cameras and steppers. Canon?s products are divided into three product groups: business machines, cameras, and optical and other products. The business machines product group is divided into three sub-groups consisting of office imaging products, computer peripherals and business information products. It manufactures and markets digital cameras and film cameras. It also manufactures and markets digital video camcorders, lenses and camera accessories. Canon?s optical and other products mainly include semiconductor production equipment, mirror projection mask aligners for liquid crystal display (LCD) panels, broadcasting equipment, medical equipment, large format printers and electronic components. On March 31, 2008, it acquired a 24.9% stake in Hitachi Displays, Ltd. In September 2008, Canon acquired the NEWCAL Industries business.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.



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