[Analyst Rating] チヨダ maintains an Underweight rating and cuts its target price to ¥980 (major US securities firm) (IFIS Stock Forecast)

A major US-affiliated brokerage maintained its Underweight rating on Chiyoda and cut its price target to ¥980. The announcement was made on 4 September, and the consensus rating through the previous day was Underweight.

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The story

A major US-affiliated brokerage reportedly maintained its Underweight rating on Chiyoda on 4 September and cut its price target from ¥1,000 to ¥980.

The article does not provide specific information on Chiyoda’s current share price, but it states that as of 3 September, the rating consensus was Underweight based on 1 analyst, while the price-target consensus was ¥1,000 based on 1 analyst.

At a glance

RatingMajor US-affiliated brokerage leaves Chiyoda’s rating at Underweight

Target Share PricePrice target cut to ¥980 (previously ¥1,000)

TimingAnnounced on 4 September; information as of the previous day was dated 3 September

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