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JPM Raises Nikkei Yr-end Target to 70,000
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JPMorgan raised its year-end target for the Nikkei 225 Stock Average from the previous 61,000 to 70,000, reflecting the boom in AI and the weakening JPY. Meanwhile, JPMorgan also lifted its year-end target for the TOPIX from 4,100 to 4,300. The Nikkei 225 Stock Average hit a new high today (22nd), elevating 236.69 points to 59,585.86, slightly below the key psychological barrier of 60,000. Auto-translated by AI AASTOCKS Financial News |
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