Konami (KNMCY) Upgraded by Zacks Investment Research to “Strong-Buy”
Zacks Investment Research upgraded shares of Konami (OTCMKTS:KNMCY) from a hold rating to a strong-buy rating in a research note released on Thursday morning. The firm currently has $65.00 target price on the technology company’s stock.
According to Zacks, “Konami Corporation and its subsidiaries produce and market game software for home video game systems, character products such as playing cards, amusement arcade games, and gaming machines. They also operate health and fitness club facilities, and have a dominant market share in the Japanese market. “
Separately, Jefferies Group restated a buy rating and set a $53.40 price target on shares of Konami in a report on Tuesday, October 31st.
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Konami Holdings Corporation is engaged in the entertainment and health fitness industries. The Company operates through four segments: Digital Entertainment, Health & Fitness, Gaming & Systems and Pachislot & Pachinko Machines. Digital Entertainment includes the production, manufacture and sale of digital content and related products, including mobile games, arcade games, card games, and computer and video games.
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