Goldman Sachs analyst Norihiro Miyazaki downgraded Nihon M&A to Sell from Neutral with a price target of 850 yen, down from 1,200 yen. The analyst says the company’s fee structure is higher than peers, creating an increasing need to review the fee structure over the medium to long term.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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>>