Toyota Boshoku — Tokai Tokyo cuts target price; improvement in earnings momentum and a re-rating of the stock will take time [DZH Individual Stock Information] (Jiji Press)

Toyoda Boshoku's target price was lowered by Tokai Tokyo Securities. The improvement in earnings growth momentum and a re-rating of the share price are expected to take time.

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The story

This report covers the lowering of Toyoda Boshoku's target price by Tokai Tokyo Securities. No specific figure is provided in the body.

The report suggests that improvement in earnings growth momentum and a re-rating of the share price will take time. It conveys the wording of the article as presented and avoids additional speculation.

At a glance

CompanyToyota Boshoku Corporation

OrganizationTokai Tokyo Securities

SignificanceTarget price cut

DateDistributed on 14 October

ReasonImproving earnings-growth momentum and a re-rating of the share price will take time

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