[Analyst Rating] SBIH rating remains slightly bullish, target price cut to ¥3,600 (major Japanese securities firm) (IFIS Stock Forecast)

The story

A major Japanese securities firm left its rating on SBI Holdings at slightly bullish (2) on 5 November. It lowered the target price from ¥3,700 to ¥3,600. As of the previous day, the consensus rating was 4.5 and the consensus target price was ¥3,827.

Leaving the rating unchanged while lowering the target price could affect market views surrounding the valuation of the company. The article does not provide specific reasons or an explanation of the timing.

At a glance

RatingSlightly bullish, unchanged (2)

Target priceCut to ¥3,600

Previous-day consensusRating 4.5, target price ¥3,827

SubjectSBI Holdings

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