A major U.S. securities firm maintained its bearish rating on Sharp on 9 November and cut its target price from ¥500 to ¥470.
A major U.S. securities firm maintained its bearish rating on Sharp at 3 (Underperform) while cutting its target price from ¥500 to ¥470. The reported figures include assessment criteria alongside the consensus figures available through the previous day.
According to the release-based information, as of the previous day, 6 November, the rating consensus was 1.67, based on 6 analysts, indicating a slightly bearish view, while the target price consensus was ¥512, also based on 6 analysts. The latest revision is said to indicate a different direction from these levels.
Sharp is listed as the covered stock, while related stocks include Sony Group, Panasonic Holdings, Casio Computer and Japan Display. The article is described as reporting based on information from IFIS Japan.