BofA Downgrades Resona Holdings (RSNHF) with Revised Price Target | RSNHF Stock News

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Apr 30, 2025
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Bank of America has lowered its rating for Resona Holdings (RSNHF, Financial) from Buy to Neutral. The financial institution also adjusted its price target for RSNHF, reducing it from 1,300 yen to 1,200 yen. The analyst indicated a preference for Mizuho over other major Japanese banks. There is a concern about "considerable downside risk" to Resona's guidance, and the potential for the stock to lose its current premium soon was highlighted.

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