Morgan Stanley MUFG Securities has reclassified the ratings for stocks including IBIDEN and TOWA PHARMACEUTICAL as the second installment of rating information reviewing stocks’ target prices. Ratings have been changed under a three-tier system.
Morgan Stanley MUFG Securities has reviewed the target prices of stocks as part of its rating information. The stocks covered include IBIDEN and TOWA PHARMACEUTICAL, among others, and their ratings may have been reclassified from their previous levels.
The information is presented under a three-tier framework: Overweight, Equal-weight and Underweight. The specific new target prices and the timing of the updates are not stated in the article.