Daiwa Capital Markets Stock Recommendations and Price Targets

This is a list of recent ratings by Daiwa Capital Markets.

Company NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
BCCMY
BAIC Motor
Downgrade$4.00Buy ➝ HoldLow
SHMZF
Shimadzu
Downgrade$38.00Buy ➝ OutperformN/A
Bank of America logo
BAC
Bank of America
Initiated Coverage$33.00 $31.00NeutralN/A
C
Citigroup
Initiated Coverage$64.00 $75.00BuyN/A
Morgan Stanley logo
MS
Morgan Stanley
Initiated Coverage$75.00 $71.00NeutralN/A
JPMorgan Chase & Co. logo
JPM
JPMorgan Chase & Co.
Initiated Coverage$139.00 $139.00OutperformN/A
The Goldman Sachs Group logo
GS
The Goldman Sachs Group
Initiated Coverage$301.00 $300.00OutperformN/A
Vertex Pharmaceuticals logo
VRTX
Vertex Pharmaceuticals
Initiated Coverage$226.00 $250.00OutperformN/A
China Eastern Airlines logo
CEA
China Eastern Airlines
Downgrade$21.00Buy ➝ OutperformN/A
China Southern Airlines logo
ZNH
China Southern Airlines
Downgrade$28.00Buy ➝ NeutralN/A
Amgen logo
AMGN
Amgen
Initiated Coverage$245.00$300.00 ➝ $300.00BuyN/A
Splunk logo
SPLK
Splunk
Initiated Coverage$170.00 $189.00NeutralN/A
FUJIFILM logo
FUJIY
FUJIFILM
Upgrade$59.00Neutral ➝ OutperformN/A
LI
Li Auto
Initiated Coverage$33.00NeutralLow
NIO logo
NIO
NIO
Initiated Coverage$56.00BuyHigh
XPEV
XPeng
Initiated Coverage$48.00SellMedium
MMSMY
Mitsui Mining & Smelting
Upgrade$8.00Neutral ➝ OutperformHigh
MIUFY
Mitsubishi UFJ Lease & Finance
Downgrade$9.00Outperform ➝ NeutralLow
CHPXY
China Pacific Insurance (Group)
Upgrade$16.00Outperform ➝ BuyN/A
NICFF
Nichias
Upgrade$22.00Neutral ➝ OutperformLow
XIACF
Xiaomi
Downgrade$4.00Buy ➝ HoldHigh
BDWBF
Budweiser Brewing Company APAC
Downgrade$3.00Outperform ➝ NeutralLow
YMDAF
Yamada Holdings Co.,Ltd.
Upgrade$5.00Outperform ➝ BuyN/A
ZTO Express (Cayman) logo
ZTO
ZTO Express (Cayman)
Downgrade$30.00Buy ➝ OutperformN/A
Bilibili logo
BILI
Bilibili
Upgrade$123.00Outperform ➝ BuyN/A
Vipshop logo
VIPS
Vipshop
Upgrade$28.00Hold ➝ BuyHigh
BSEFY
Benesse
Downgrade$19.00Outperform ➝ NeutralLow
Shiseido logo
SSDOY
Shiseido
Upgrade$64.00Underperform ➝ NeutralLow
UNICY
Unicharm
Upgrade$10.00Neutral ➝ OutperformMedium
21Vianet Group logo
VNET
21Vianet Group
Initiated Coverage$40.00BuyLow
GDS logo
GDS
GDS
Initiated Coverage$105.00BuyMedium
Sino Biopharmaceutical logo
SBMFF
Sino Biopharmaceutical
Initiated Coverage$1.00BuyMedium
IVBXF
Innovent Biologics
Initiated Coverage$10.00BuyLow
KSRYY
KOSÉ
Upgrade$31.00Underperform ➝ NeutralLow
DADA
Dada Nexus
Initiated Coverage$43.00BuyLow
XNYIF
Xinyi Solar
Downgrade$2.00Outperform ➝ HoldLow
Cathay Pacific Airways logo
CPCAY
Cathay Pacific Airways
Upgrade$5.00Hold ➝ BuyLow
Kura Sushi USA logo
KRUS
Kura Sushi USA
Initiated Coverage$22.00OutperformHigh
GELYF
Geely Automobile
Upgrade$4.00Hold ➝ BuyLow
AOZOY
Aozora Bank
Upgrade$5.00Neutral ➝ OutperformHigh
Rockwell Automation logo
ROK
Rockwell Automation
Upgrade$256.00 $240.00Neutral ➝ OutperformMedium
LG Display logo
LPL
LG Display
Upgrade$10.00Hold ➝ OutperformMedium
YOKEY
Yokogawa Electric
Downgrade$38.00Outperform ➝ NeutralLow
JTTRY
Japan Airport Terminal
Downgrade$30.00Neutral ➝ UnderperformHigh
Cognex logo
CGNX
Cognex
Downgrade$84.00Outperform ➝ NeutralHigh
Woori Financial Group logo
WF
Woori Financial Group
Upgrade$27.00Neutral ➝ OutperformHigh
Suzuki Motor logo
SZKMY
Suzuki Motor
Downgrade$197.00Outperform ➝ NeutralLow
NCRBF
Nippon Carbon
Upgrade$32.00Neutral ➝ OutperformLow
Komatsu logo
KMTUY
Komatsu
Upgrade$29.00Neutral ➝ OutperformHigh
Vipshop logo
VIPS
Vipshop
Downgrade$28.00Buy ➝ HoldHigh
Uber Technologies logo
UBER
Uber Technologies
Upgrade$56.00 $34.00Neutral ➝ OutperformLow
DIFTY
Daito Trust Construction Co.,Ltd.
Upgrade$22.00Neutral ➝ OutperformHigh
Huaneng Power International logo
HNP
Huaneng Power International
Upgrade$15.00Underperform ➝ HoldHigh
NetEase logo
NTES
NetEase
Initiated Coverage$105.00BuyLow
Analog Devices logo
ADI
Analog Devices
Upgrade$158.00Outperform ➝ BuyN/A
ITTOY
ITOCHU Techno-Solutions
Downgrade$18.00Buy ➝ OutperformN/A
NPEGF
Nippon Electric Glass
Upgrade$23.00Neutral ➝ BuyLow
Fanuc logo
FANUY
Fanuc
Downgrade$26.00Neutral ➝ UnderperformLow
Nomura logo
NMR
Nomura
Upgrade$6.00Neutral ➝ OutperformLow
JPXGY
Japan Exchange Group
Downgrade$13.00Outperform ➝ NeutralLow
MDTKF
MediaTek
Downgrade$7.00HoldLow
Oriental Land logo
OLCLY
Oriental Land
Downgrade$31.00Buy ➝ OutperformN/A
OBIC Co.,Ltd. logo
OBIIF
OBIC Co.,Ltd.
Downgrade$209.00Outperform ➝ NeutralLow
The Hong Kong and China Gas logo
HOKCY
The Hong Kong and China Gas
Downgrade$1.00Hold ➝ UnderperformLow
FJTNY
Fuji Media
Upgrade$5.00Outperform ➝ BuyN/A
Tesla logo
TSLA
Tesla
Boost Price Target$826.00High
Tesla logo
TSLA
Tesla
Downgrade$826.00Outperform ➝ NeutralHigh
YASKY
YASKAWA Electric
Downgrade$114.00Outperform ➝ NeutralLow
American Express logo
AXP
American Express
Reiterated Rating$122.00 $100.00NeutralMedium
PayPal logo
PYPL
PayPal
Reiterated Rating$240.00 $201.00OutperformMedium
Visa logo
V
Visa
Reiterated Rating$202.00 $204.00NeutralMedium
Mastercard logo
MA
Mastercard
Reiterated Rating$323.00 $314.00NeutralHigh
Cathay Pacific Airways logo
CPCAY
Cathay Pacific Airways
Upgrade$5.00Sell ➝ HoldHigh
Dell Technologies logo
DELL
Dell Technologies
Initiated Coverage$74.00 $54.00NeutralLow
SITIY
SITC International
Upgrade$22.00Hold ➝ BuyMedium
CGHLY
China Gas
Downgrade$104.00Outperform ➝ HoldLow
TISCF
Taisei
Downgrade$34.00Outperform ➝ NeutralLow
MTLHF
Mitsubishi Chemical
Downgrade$6.00Outperform ➝ NeutralLow
KAJMY
Kajima
Upgrade$14.00Neutral ➝ OutperformLow
ASBRF
Asahi Group
Downgrade$40.00Outperform ➝ NeutralLow
CGHLY
China Gas
Upgrade$104.00BuyLow
TDHOY
T&D
Upgrade$7.00Outperform ➝ BuyN/A
DCNSF
Dai-ichi Life
Upgrade$17.00Neutral ➝ BuyLow
MEJHY
Meiji
Upgrade$18.00Neutral ➝ OutperformLow
PKCOY
PARK24
Downgrade$17.00Outperform ➝ NeutralHigh
FedEx logo
FDX
FedEx
Boost Price Target$253.00$104.00 ➝ $147.00NeutralHigh
SUTNY
Sumitomo Mitsui Trust
Upgrade$3.00Neutral ➝ OutperformMedium
Cathay Pacific Airways logo
CPCAY
Cathay Pacific Airways
Downgrade$5.00SellHigh
JBFCY
Jollibee Foods
Upgrade$17.00Hold ➝ OutperformMedium
Sumitomo Mitsui Financial Group logo
SMFG
Sumitomo Mitsui Financial Group
Upgrade$7.00Neutral ➝ OutperformHigh
SSMXY
Sysmex
Upgrade$62.00Neutral ➝ OutperformMedium
Mitsubishi UFJ Financial Group logo
MUFG
Mitsubishi UFJ Financial Group
Upgrade$5.00Neutral ➝ OutperformMedium
Tesla logo
TSLA
Tesla
Initiated Coverage$826.00 $182.00OutperformHigh
Momo logo
MOMO
Momo
Downgrade$15.00 $22.00Buy ➝ NeutralLow
SMTOY
Sumitomo Electric Industries
Upgrade$14.00Neutral ➝ OutperformHigh
SMNNY
Shimano
Downgrade$24.00Outperform ➝ NeutralMedium
ZTO Express (Cayman) logo
ZTO
ZTO Express (Cayman)
Downgrade$30.00HoldHigh
CNOOC logo
CEO
CNOOC
Upgrade$103.00Hold ➝ OutperformHigh
FYRTY
FamilyMart
Upgrade$25.00Neutral ➝ OutperformLow
Apple logo
AAPL
Apple
Boost Price Target$127.00$74.25 ➝ $80.00OutperformLow