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GIFT HOLDINGS edges higher for second session as major domestic brokerage upgrades rating to "1"

Thu Oct 1, 2026 2:39 pm JST Catalyst

GIFT HOLDINGS INC. <9279> edged higher for a second straight session. On Sep 30, Daiwa Securities upgraded its investment rating on the stock to 1 (Buy), the highest on its five-tier scale, from 2 (Outperform), maintaining the target price at 2,600 yen. GIFT HOLDINGS announced an upward revision to its consolidated earnings forecast for the fiscal year ending Oct 2026 on Aug 24, and its third-quarter financial results released Sep 14 showed a substantial profit increase. In response, the brokerage made a minor revision to its earnings forecast. With the stock price having fallen about 25% over the past two months, Daiwa Securities views the stock as highly attractive from an investment standpoint given its medium- to long-term growth potential.

Source: MINKABU PRESS

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