A weekly rating report covering stocks whose investment ratings were raised by institutional analysts from 7 to 11 September was published. The report includes rating changes and new target prices for the stocks covered.
In a survey conducted from 7 to 11 September, several stocks received rating upgrades and their target prices were updated. Current prices are also shown in the table, alongside the stock names and new ratings.
One representative example is Sumitomo Bakelite, which was upgraded from Nikko's Neutral to Bullish, with its target price raised from ¥7,100 to ¥10,200. The change was dated 10 September. JX Metals was also changed from Mito's B+ to A, while Yokohama Rubber was changed from Daiwa's 3 to 2, with target prices updated in each case.
The stocks listed also include Sumitomo Rubber Industries, Noritake and Mitsui Mining & Smelting. The entries cover updates dated from 7 to 11 September. The table shows the institution, rating change, and old and new target prices alongside the current price.