On 20 October, securities companies changed their ratings and target prices. New target prices were announced mainly for freee and JMDC, while changes were also reported for other stocks.
On 20 October Japan time, several securities companies announced changes to their ratings and target prices for individual stocks. The companies presented new target prices as indicators of expected future price movements.
Among the stocks whose target prices were changed, Nomura changed freee's target price from ¥2,200 to ¥3,600, while GS made a modest change to JMDC's target price from ¥41,050 to ¥4,100.