Nippon Television Holdings—SMBC Nikko lowers target price, reflecting deterioration in the TV spot advertising market〔DZH individual stock information〕(Jiji Press)

The story

Nippon Television Holdings' share price is reported to have continued rising. Yahoo! Finance carried a Jiji Press report distributed on 23 October.

According to the report, SMBC Nikko is said to have lowered its target price for NTV Holdings. The deterioration in the television spot advertising market was cited as the background to the reduction.

Investors are watching NTV Holdings' future developments in response to the move.

At a glance

Share price trendNTV Holdings' share price has reportedly continued to rise

Target priceSMBC Nikko is reported to have lowered its target price for NTV Holdings

ReasonThe move is said to reflect deteriorating conditions in the television spot advertising market

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