2020-12-02 04:55:56 KNBWY Kirin
12/02/20 12/0204:55 12/02/2004:55 | Kirin upgraded to Conviction Buy from Neutral at Goldman SachsGoldman Sachs analyst Keiko Yamaguchi upgraded Kirin to Buy from Neutral with a price target of 2,700 yen, up from 2,400 yen. The analyst also added the shares to Goldman's Conviction List. Yamaguchi expects domestic alcoholic beverage margins to improve with Kirin's rising share of the beer market. Further, the company's Australia beer business now looks more likely to realize a profit recovery, says the analyst. |
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