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Kakaku.com falls for first time in 3 days as major domestic securities firm lowers target price to \2,500◇
Kakaku.com <2371> fell for the first time in three sessions. On the 8th, SMBC Nikko Securities lowered its target price on the company's shares from \2,900 to \2,500, while maintaining its investment rating at "2" ? the middle of its three-tier scale. The firm revised down its earnings forecasts for the fiscal year ending March 2026 and beyond, citing a slowdown in the revenue growth rate of "Kyujin Box," a job listing aggregation service. Looking ahead, the firm is focused on the second-half trajectory, as the revenue growth rate for Kyujin Box in the fiscal year ending March 2027 ? a key stock price driver ? is expected to slow further in the first half due to tough prior-year comparisons, as well as uncertainty around the timing of synergies with "engage," the business to be acquired from en Japan <4849>.
(Note) The "◇" symbol in the title indicates an article referencing multiple stocks.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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