TechnoPro downgraded to Hold from Buy at Jefferies

Jefferies analyst Ken Oiwa downgraded TechnoPro to Hold from Buy with a price target of 2,900 yen, down from 3,900 yen, following the release of Technopro’s Q4FY6/24 results. TechnoPro missed guidance for FY6/24, which was in line with the firm’s view, but “disappointing,” the analyst tells investors.