Nomura raises target price of stock that’s up over 150% in 2025; stock soars another 6%
- Posted on September 7, 2026
- By Business News Today
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Nomura raises target price of stock that’s up over 150% in 2025; stock soars another 6%
Shares of Avalon Technologies rose sharply on Monday after Nomura raised its target price to Rs 2,767 from Rs 2,211 while retaining a Buy rating. The brokerage said Avalons joint venture with Zollner Electronic will expand its capabilities, add global customers and support entry into healthcare, test and measurement, and European markets.