Mitsubishi UFJ Financial Group MUFG stock did a downtrend channelUptrend and downtrend channel patterns are technical analysis tools used to identify potential future price movements. They are formed by two parallel lines on a chart and can be u... breakout on June 2, 2023.
Mitsubishi UFJ Financial Group Inc (MUFG) is a Japanese financial services company that offers a wide range of banking and financial services globally. Its services include commercial banking, investment banking, asset management, leasing, and finance. The company operates through its various subsidiaries and affiliates, which include MUFG Bank, Mitsubishi UFJ Securities, Mitsubishi UFJ Trust and Banking, and MUFG Americas Holdings Corporation. MUFG is one of the largest financial services companies in the world, with a presence in over 50 countries and regions.
Mitsubishi UFJ upgraded to Outperform at Daiwa
On May 29, 2023, Daiwa analyst Ken Matsuda upgraded Mitsubishi UFJ to Outperform from Neutral with a 1,050 yen price target.
