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Tsuruha Holdings upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs upgraded Tsuruha Holdings to Buy from Neutral with a price target of 13,000 yen, up from 10,600 yen. The firm expects Tsuruha’s self-help efforts – including price hikes for food products and improved accuracy in management of manhours – to drive margin improvement, the analyst tells investors.

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