HALISTER1: ANA Holdings Rises to 13-Month High as BofAML Sees More Demand

ANA Holdings Rises to 13-Month High as BofAML Sees More Demand

(Bloomberg) -- Profit growth likely on improved outlook for international flight demand, writes analyst Yasuhito Tsuchiya in report Thursday.
  • Raises operating profit forecast for year ending March 2018 to 168.7b yen from 151.6b yen
  • Upgrades rating to buy from underperform, PT to 400 yen from 310 yen
  • Shares rise as much as 4.7% to highest since Feb. 1; trading volume 1.4x 3 month avg: Bloomberg data
  • 6 buys, 6 holds, 1 sell; avg PT 367.70 yen: Bloomberg data

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
9202 JP (ANA Holdings Inc)

People
Yasuhito Tsuchiya (Merrill Lynch Japan Securities Co Ltd)

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UUID: 7947283

HALISTER1: Otsuka Holdings Rises as BofAML Expects Profit to Beat Forecast

Otsuka Holdings Rises as BofAML Expects Profit to Beat Forecast

(Bloomberg) -- Otsuka profit will be boosted by high-margin drugs Rexulti and Maintena, unused R&D funds, analyst Ritsuo Watanabe writes in note dated March 9.
  • Upgrades rating to buy from neutral, PT to 6,200 yen from 5,900 yen
  • Sees 133.9b yen operating profit for year ending Dec. 2017 vs co. forecast of 120b yen
  • Shares rise as much as 5.3%, most since Jan. 10; trading volume ~60% of 3-month avg
  • 5 buys, 6 holds, 1 sell; avg PT 5,452.50 yen: Bloomberg data

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
4578 JP (Otsuka Holdings Co Ltd)

People
Ritsuo Watanabe (Merrill Lynch Japan Securities Co Ltd)

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UUID: 7947283