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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