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▲ PositiveCapitalrelevance
Record Q1 earnings and upward forecast revision, with Nomura raising target price.
Bandai Namco Holdings extended its gains, quickly reclaiming the 5,000 yen level. The company continues to be rewarded after announcing the day before that its first-quarter earnings hit a record high and that it had raised its cumulative second-quarter forecast. Nomura Securities maintained its neutral rating but lifted its target price from 4,500 yen to 5,200 yen.
Record Q1 earnings and upward forecast revision, with Nomura raising target price.