Goldman Sachs downgraded SG Holdings to Sell from Neutral with a 1,350 yen price target. The analyst believes the stock market has not fully priced in the risk of further margin compression due to intensifying competition in Japan’s last-mile delivery industry.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.