Nintendo Co. (NTDOY) Upgraded to “Hold” at Zacks Investment Research

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Nintendo Co. (OTCMKTS:NTDOY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday.
According to Zacks, “NINTENDO LTD is the acknowledged worldwide leader in the creation of interactive entertainment. Nintendo has created such industry icons as Mario and Donkey Kong and launched franchises like The Legend of Zelda and Pokémon. Nintendo manufactures and markets hardware and software for its popular home video game systems, including Nintendo 64 and Game Boy – the world’s best-selling video game system. “
NTDOY has been the topic of several other reports. Macquarie reaffirmed an “outperform” rating on shares of Nintendo in a research note on Tuesday, July 12th. Deutsche Bank AG reissued a “hold” rating on shares of Nintendo in a research report on Tuesday, July 12th. Bank of America Corp. raised Nintendo from a “neutral” rating to a “buy” rating in a research report on Monday, July 25th. Jefferies Group reissued a “buy” rating on shares of Nintendo in a research report on Friday, July 15th. Finally, Credit Agricole SA reissued a “sell” rating on shares of Nintendo in a research report on Friday, July 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. Nintendo currently has an average rating of “Hold” and an average price target of $21.00.

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Nintendo (OTCMKTS:NTDOY) traded down 2.22% on Tuesday, reaching $28.20. 956,143 shares of the company’s stock were exchanged. The stock’s market cap is $27.10 billion. Nintendo has a one year low of $15.34 and a one year high of $38.25. The firm has a 50 day moving average of $27.78 and a 200-day moving average of $21.04.

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