Goldman Sachs downgraded Japan Metropolitan Fund Investment (JRFIF) to Neutral from Buy with a 113,000 yen price target The shares are now procing in expectations for higher urban commercial rents, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JRFIF:
- KJR Management Amends Company Split Date Amid Strategic Restructuring
- JMF Completes Strategic Property Dispositions to Boost Shareholder Returns
- Japan Metropolitan Fund Investment Corporation Announces Strategic Moves and Upward Forecast Revision
- JMF Announces Upward Revision of Financial Forecasts
- JMF Announces Strategic Sale of Akasaka Property for Significant Gains
