SMC: Daiwa Securities upgrades rating to “2” — Flash

The story

On the 21st, Daiwa Securities upgraded its investment rating on SMC<6273.T> from “3” (mid-level) to “2” (the second-highest level), changing its target price from ¥60,000 to ¥85,000. Profit growth above expectations is expected to affect the stock’s valuation in the near term.

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At a glance

Stock nameDaiwa Securities upgrades its investment rating on SMC<6273.T>

Credit ratingsThe investment rating changed from “3” to “2”

Target priceThe target price changed from ¥60,000 to ¥85,000

TimingAnnounced on the 21st

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