Jefferies Raises Nabtesco to Buy, Boosts Target to ¥5,000 Ahead of FY2026 Outlook
Jefferies upgraded Nabtesco Corp. from Hold to Buy and increased its price target to ¥5,000 from ¥3,200, citing stronger-than-expected profit performance in the reduction gear segment, solid orders from major Japanese robot makers, and anticipated margin and profit upside in both Component Solution and Transport Solution businesses ahead of the com…