Goldman Sachs analyst Sho Kawano downgraded J. Front Retailing (JFROF) to Neutral from Buy with a price target of 2,000 yen, up from 1,850 yen. Following the recent share price rise, the stock is trading near fair value, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JFROF: