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Tamron shares extend sharp gains as major brokerage raises rating to Buy

Wed Apr 15, 2026 1:46 pm JST Catalyst

Tamron Co., Ltd. <7740> continued to post sharp gains on April 15. The rally follows an announcement on April 14 by Nomura Securities, which upgraded its rating on the company from "Neutral" to "Buy." The brokerage also raised its target price for the stock from 1,150 yen to 1,400 yen.

Nomura noted that the camera market has recently seen a shift in growth drivers toward younger users and casual photographers, fueled by the proliferation of smartphones and social media. The brokerage highlighted that Tamron’s interchangeable lenses?characterized as lightweight, compact, and affordable?are successfully attracting demand from a wide range of users. This positioning is expected to allow the company to capitalize on the expanding market as a significant growth opportunity, a prospect that has bolstered sentiment among retail investors.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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