TOCALO—SMBC Nikko raises target price, forecasts record profit on memory cycle [DZH Individual Stock Information] (Jiji Press)

The story

SMBC Nikko is reported to have raised its target price for TOCALO.

The article says an upturn in the memory cycle is expected to drive a recovery in the company’s earnings power, with a new record-high profit anticipated.

The news is based on information distributed by Jiji Press and was reported as DZH individual stock information.

At a glance

CompanyTOCALO

EventSMBC Nikko suggests a target price increase

OutlookForecasts record-high profit on the memory cycle

DateDistributed on 10/2

SourceDZH Individual Stock Information / Jiji Press

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