Concordia <7186> has surged significantly. JP Morgan Securities has upgraded its investment rating from 'neutral' to 'overweight' and raised its target stock price from 920 yen to 1300 yen. It seems that they are evaluating the increase in the possibility of a rate hike by the Bank of Japan, as well as the expansion of growth potential due to M&A effects. They also seem to view positively the recovery of the position of the 'Number One' regional bank and the announcement of a larger-than-usual share buyback.
コンコルディア---大幅続伸、成長ポテンシャル拡大など評価し米系証券が格上げ
Concordia - significantly extended growth, evaluated the expansion of growth potential, and was upgraded by an American securities firm.
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