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NINTENDO CO LTD and Marusan Securities have raised the Target Price to 13,400 yen.
On March 31, Marusan Securities maintained its investment decision of "Buy" for NINTENDO CO LTD <7974.T>. The Target Price was raised from 11,000 yen to 13,400 yen. For the Switch 2, initial sales are expected to significantly exceed those of the current model. Provided by Wealth Advisor Co.
Should You Buy Nintendo's Switch 2? What We Know So Far
The Nikkei average is up by about 200 yen, with the rising rates of adopted stocks being top companies like NRI, Daiichi Sankyo, and Chubu Electric, among others.
On April 1st, shortly after 11:03 AM, the Nikkei average stock price rose about 200 yen from the previous day, fluctuating around 35,815 yen. At 9:24 AM, it reached 36,052.54 yen, up 434.98 yen. After the sharp drop on March 31st, the market saw a rebound, and buying was active in the morning due to stability in the foreign exchange market. However, afterward, selling in anticipation of a pullback weighed on the upper prices. Among the stocks included in the Nikkei index, NRI <4307.T>, Daiichi Sankyo <4568.T>, and Chubu are among those with the highest rate of increase.
The Nikkei average is up by about 150 yen, and after the initial buying, the movement is heavy on the upside = April 1st morning session.
On April 1st at around 10:01 AM, the Nikkei average stock price is trading about 150 yen higher than the previous day, around 35,770 yen. At 9:24 AM, it reached 36,052.54 yen, up 434.98 yen. In the local market on March 31st, the Dow Inc rebounded for the first time in four days while the Nasdaq composite index fell slightly for the fourth consecutive day. However, Japanese stocks saw a rebound following yesterday's sharp decline and a pause in the trend of yen appreciation, leading to an initial buying surge. Still, after this initial buying, selling occurred as investors waited for a price recovery.
Rating information (Target Price change - Part 2) = Ajinomoto, Mitsui & Co, ETC.
◎Mizuho Securities (three stages: Buy > Hold > underperform) Ajinomoto <2802.T> -- "Buy" → "Buy", 3,675 yen → 3,680 yen Nippon Oil <4403.T> -- "Buy" → "Buy", 2,800 yen → 2,600 yen Shiseido Company,Limited Sponsored ADR <4911.T> -- "Hold" → "Hold", 2,900 yen → 3,100 yen Kose <4922.T> -- "Hold" → "Hold", 7,200 yen → 6,800 yen PolaOrbis Holdings <4927.T> -- "Hold" → "Hold", 1,300 yen → 1,400 yen
List of conversion stocks (Part 6) [Parabolic signal conversion stock list]
○ List of stocks converted to Sell Market Code Stock Name Closing Price SAR Main Board <7575> Japan Life L 1528 1610 <7581> Saizeriya 4280 4520 <7599> IDOM 1194 1256 <7607> Shinnwa 2894 3120 <7613> Seeks 1091 1123 <7679> Yakuodo HD 1882 1948 <7717> V Tech 2301 2457 <7725> In