Nitto Boseki (3110.JP) closed at 7,300 yen today (2nd), up 13.66% for the day. Morgan Stanley MUFG Securities maintained an &#34;Overweight&#34; rating and raised the target price from 7,100 yen to 8,200 yen.
The firm pointed out that with the continued growth in demand for special glass due to semiconductor packaging for generative AI and communication infrastructure, Nitto Boseki holds an overwhelming share in the low CTE glass market, with factories operating at full capacity. It is expected that production capacity will further expand starting in 2027, ensuring high certainty for mid-term performance growth. In addition, semiconductor-related stocks generally rose today, providing further support for the stock price

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Nitto Boseki (3110.JP) today saw its stock price rise by 13.66%, closing at 7,300 yen. Morgan Stanley MUFG Securities raised its target price from 7,100 yen to 8,200 yen, maintaining an "Overweight" rating. The firm pointed out that the demand for specialty glass in semiconductor packaging and communication infrastructure driven by generative AI is increasing, and Nitto Boseki holds a dominant position in the low CTE glass market. It is expected that production capacity will further expand starting in 2027, with high certainty of performance growth. The general rise in semiconductor-related stocks also provided support for the stock price

日东纺 (3110.JP) 全日涨 13.7% 券商上调目标价