Daiwa Capital Markets Stock Recommendations and Price Targets

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

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
2/20/2024
DADA
Dada Nexus
Upgrade$2.00 $3.50Neutral ➝ BuyLow
2/16/2024
ARM
ARM
Downgrade$132.00$63.00 ➝ $130.00Buy ➝ NeutralLow
2/13/2024
PYPL
PayPal
Downgrade$60.00$64.00 ➝ $62.00Outperform ➝ NeutralLow
2/13/2024
FTNT
Fortinet
Upgrade$70.00 $75.00Neutral ➝ OutperformLow
2/6/2024
TSLA
Tesla
Downgrade$201.00$245.00 ➝ $195.00Outperform ➝ NeutralLow
2/5/2024
JKS
JinkoSolar
Downgrade$28.00 $25.00Outperform ➝ NeutralLow
2/2/2024
SE
SEA
Upgrade$48.00Neutral ➝ BuyLow
1/26/2024
JKS
JinkoSolar
Initiated Coverage$28.00 $33.30OutperformLow
1/24/2024
VZ
Verizon Communications
Upgrade$40.00$36.00 ➝ $47.00Neutral ➝ OutperformLow
1/19/2024
BILI
Bilibili
Downgrade$10.00Buy ➝ NeutralLow
1/17/2024
FTNT
Fortinet
Downgrade$70.00 $62.00Buy ➝ NeutralLow
12/26/2023
UPS
United Parcel Service
Downgrade$148.00 $155.00Outperform ➝ NeutralLow
12/21/2023
AMGN
Amgen
Upgrade$278.00$264.00 ➝ $320.00Neutral ➝ BuyLow
12/18/2023
C
Citigroup
Upgrade$56.00 $63.00Neutral ➝ BuyLow
11/8/2023
DAO
Youdao
Downgrade$4.00$7.00 ➝ $4.60Buy ➝ NeutralLow
11/2/2023
BMY
Bristol-Myers Squibb
Downgrade$51.00$68.00 ➝ $54.00Outperform ➝ NeutralLow
10/24/2023
ENPH
Enphase Energy
Downgrade$122.00$145.00 ➝ $100.00Outperform ➝ NeutralLow
10/10/2023
ARM
ARM
Initiated Coverage$132.00 $63.00BuyLow
10/10/2023
SPLK
Splunk
Downgrade$156.00Outperform ➝ NeutralLow
9/19/2023
DQ
Daqo New Energy
Downgrade$20.00$45.00 ➝ $32.00Outperform ➝ NeutralLow
9/18/2023
DELL
Dell Technologies
Upgrade$93.00$50.00 ➝ $80.00Neutral ➝ OutperformLow
9/5/2023
TIGR
UP Fintech
Upgrade$4.00Neutral ➝ BuyLow
8/22/2023
TGT
Target
Downgrade$152.00 $134.00Outperform ➝ NeutralLow
8/1/2023
F
Ford Motor
Boost Price Target$12.00$12.00 ➝ $13.00Neutral ➝ NeutralLow
7/31/2023
XNYIF
Xinyi Solar
Downgrade$1.00Hold ➝ SellLow
7/31/2023
DDL
Dingdong (Cayman)
Downgrade$1.00$7.50 ➝ $2.80Buy ➝ NeutralLow
7/25/2023
FINV
FinVolution Group
Initiated Coverage$5.00 $6.70BuyLow
7/25/2023
CHYFF
Cathay Financial
Upgrade$15.00Hold ➝ OutperformLow
7/24/2023
DADA
Dada Nexus
Downgrade$2.00 $10.73Buy ➝ HoldLow
7/20/2023
ATAT
Atour Lifestyle
Initiated Coverage$19.00 $24.00BuyLow
7/12/2023
BZ
Kanzhun
Initiated Coverage$15.00 $19.00BuyLow
6/29/2023
NVDA
NVIDIA
Upgrade$775.00$408.00 ➝ $475.00Neutral ➝ OutperformLow
6/28/2023
BMY
Bristol-Myers Squibb
Initiated Coverage$51.00 $70.00OutperformLow
6/6/2023
DG
Dollar General
Downgrade$144.00 $172.00Outperform ➝ NeutralLow
5/29/2023
MUFG
Mitsubishi UFJ Financial Group
Upgrade$10.00Neutral ➝ OutperformLow
5/29/2023
KAOOY
KAO
Downgrade$7.00Outperform ➝ NeutralLow
5/29/2023
DWMNF
Dowa
Downgrade$34.00Neutral ➝ UnderperformLow
5/26/2023
NCTKF
Nabtesco
Downgrade$17.00Outperform ➝ NeutralLow
5/25/2023
F
Ford Motor
Upgrade$12.00 $12.00Underperform ➝ NeutralLow
5/22/2023
LEGN
Legend Biotech
Initiated Coverage$70.00BuyLow
5/19/2023
TIGR
UP Fintech
Downgrade$4.00Buy ➝ HoldLow
5/15/2023
KURCF
Kureha
Downgrade$7.00Outperform ➝ NeutralLow
5/11/2023
PFE
Pfizer
Downgrade$27.00 $38.00Outperform ➝ NeutralLow
5/8/2023
COIN
Coinbase Global
Upgrade$208.00$58.00 ➝ $65.00Neutral ➝ BuyLow
5/4/2023
DQ
Daqo New Energy
Upgrade$20.00Neutral ➝ OutperformLow
4/24/2023
TSLA
Tesla
Lower Price Target$201.00$218.00 ➝ $185.00OutperformLow
4/19/2023
MBLY
Mobileye Global
Initiated Coverage$26.00 $50.00BuyLow
4/5/2023
SFGIF
Shizuoka Financial Group,Inc.
Downgrade$9.00Outperform ➝ NeutralLow
4/5/2023
CCRDF
Concordia Financial Group
Downgrade$5.00Outperform ➝ NeutralLow
4/5/2023
YFGSF
Yamaguchi Financial Group
Downgrade$6.00Outperform ➝ NeutralLow
4/5/2023
FKKFF
Fukuoka Financial Group
Downgrade$17.00Outperform ➝ NeutralN/A
4/5/2023
CHBAY
Chiba Bank
Downgrade$37.00Outperform ➝ NeutralLow
4/3/2023
BIDU
Baidu
Boost Price Target$105.00$200.00 ➝ $215.00Low
3/29/2023
VIPS
Vipshop
Upgrade$20.00 $17.30Neutral ➝ OutperformLow
3/29/2023
DE
Deere & Company
Initiated Coverage$365.00 $440.00OutperformLow
3/28/2023
NKE
NIKE
Boost Price Target$104.00$116.00 ➝ $123.00NeutralLow
3/20/2023
DAO
Youdao
Upgrade$4.00$4.00 ➝ $9.50Neutral ➝ OutperformLow
3/15/2023
INTU
Intuit
Initiated Coverage$662.00 $444.00OutperformLow
3/3/2023
TSLA
Tesla
Boost Price Target$201.00$200.00 ➝ $218.00OutperformLow
3/1/2023
ITTOY
ITOCHU Techno-Solutions
Downgrade$11.00Outperform ➝ NeutralLow
3/1/2023
TMICY
Trend Micro
Downgrade$48.00Outperform ➝ NeutralLow
2/24/2023
BEKE
KE
Initiated Coverage$14.00BuyLow
2/24/2023
ASBRF
Asahi Group
Upgrade$35.00Neutral ➝ OutperformLow
2/14/2023
YFGSF
Yamaguchi Financial Group
Upgrade$6.00Neutral ➝ OutperformLow
2/13/2023
TKGSY
Tokyo Gas Co.,Ltd.
Downgrade$11.00Outperform ➝ NeutralLow
2/13/2023
OSGSY
Osaka Gas
Upgrade$33.00Neutral ➝ OutperformN/A
2/7/2023
PFE
Pfizer
Upgrade$27.00 $51.00Neutral ➝ OutperformLow
1/27/2023
MDPEF
MedPeer,Inc.
Downgrade$7.00Outperform ➝ NeutralLow
1/20/2023
BZUN
Baozun
Upgrade$2.00Neutral ➝ OutperformLow
1/13/2023
TME
Tencent Music Entertainment Group
Initiated Coverage$10.00BuyLow
1/12/2023
JDHIF
JD Health International
Downgrade$3.00Buy ➝ HoldLow
1/11/2023
BGNE
BeiGene
Initiated Coverage$178.00 $308.00BuyLow
12/29/2022
DTSOF
DTS
Downgrade$25.00Outperform ➝ NeutralLow
12/23/2022
FSLR
First Solar
Initiated Coverage$156.00 $175.00OutperformLow
12/23/2022
ENPH
Enphase Energy
Initiated Coverage$122.00 $335.00OutperformLow
12/23/2022
SEDG
SolarEdge Technologies
Initiated Coverage$69.00 $325.00NeutralLow
12/20/2022
TSLA
Tesla
Lower Price Target$201.00$240.00 ➝ $177.00OutperformLow
12/19/2022
PUK
Prudential
Initiated Coverage$20.00OutperformLow
12/14/2022
CCRDF
Concordia Financial Group
Upgrade$5.00Neutral ➝ OutperformN/A
12/14/2022
XPEV
XPeng
Downgrade$9.00$13.00 ➝ $8.00Buy ➝ SellLow
12/6/2022
CLDHF
CapitaLand China Trust
Downgrade$1.00$1.08 ➝ $1.08Outperform ➝ HoldLow
12/6/2022
WEICY
Weichai Power
Upgrade$12.00Hold ➝ OutperformLow
12/5/2022
NOAH
Noah
Initiated Coverage$11.00BuyLow
11/28/2022
CGHLY
China Gas
Downgrade$22.00Hold ➝ UnderperformLow
11/25/2022
LU
Lufax
Downgrade$3.00Buy ➝ HoldLow
11/23/2022
CDHSF
CDL Hospitality Trusts
Downgrade$1.00Outperform ➝ HoldLow
11/15/2022
ZLIOF
Zoomlion Heavy Industry Science and Technology
Upgrade$1.00Hold ➝ OutperformN/A
11/15/2022
CRGGF
China Resources Gas Group
Upgrade$3.00Hold ➝ OutperformLow
11/15/2022
BCVVF
BOC Aviation
Upgrade$7.00Hold ➝ BuyLow
11/15/2022
LYFT
Lyft
Lower Price Target$16.00 $11.00Low
11/9/2022
COIN
Coinbase Global
Downgrade$208.00$82.00 ➝ $52.00Buy ➝ NeutralLow
11/1/2022
CMCSA
Comcast
Lower Price Target$43.00 $36.00Low
11/1/2022
CAT
Caterpillar
Boost Price Target$331.00 $205.00Low
10/31/2022
HON
Honeywell International
Downgrade$199.00$206.00 ➝ $194.00Outperform ➝ NeutralLow
10/28/2022
CGIUF
ESR-LOGOS REIT
Upgrade$0.00$0.42 ➝ $0.35Hold ➝ OutperformN/A
10/27/2022
GM
General Motors
Boost Price Target$41.00 $38.00Low
10/27/2022
UPS
United Parcel Service
Lower Price Target$148.00 $187.00Low
10/27/2022
UNP
Union Pacific
Lower Price Target$255.00 $190.00Low
10/27/2022
TSLA
Tesla
Lower Price Target$201.00 $240.00Low
10/26/2022
ATHM
Autohome
Lower Price Target$26.00$46.00 ➝ $43.00Low