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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>