Japanese Broker Raises Target Price for NTT Shares
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A Japanese company that studies stocks has good news about NTT. NTT is a big telecom company in Japan. The company gave NTT a bullish rating. This means they think the stock price will go up.
The company also raised its target price for NTT. The new target price is 190 yen. A target price is the price experts think a stock can reach.
This news came from a mid-sized Japanese securities firm. A securities firm helps people buy and sell stocks. Experts at these firms are called analysts. Analysts study companies and give ratings.
Other news showed changes in margin trading for some stocks. Margin trading is when people borrow money to buy or sell stocks. NTT was on lists about this too, along with other companies like Nippon Steel and Sanrio.
This kind of news helps investors decide what to do. Investors are people who buy stocks to make money.
Vocabulary8 words
- bullish rating
- a positive opinion that a stock price will rise
- target price
- the price experts think a stock will reach
- securities firm
- a company that helps people buy and sell stocks
- analysts
- people who study companies and give opinions about them
- margin trading
- borrowing money to buy or sell stocks
- investors
- people who put money into stocks to make more money
- stock
- a small part of a company that people can buy
- telecom company
- a company that provides phone and internet services
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Quiz
Answer key
1. Kept it bullish 2. 190 yen 3. True
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
A Japanese company that studies stocks has good news about NTT. NTT is a big _____ company in Japan. The company gave NTT a _____ rating. This means they think the stock price will go up.
The company also raised its _____ price for NTT. The new target price is _____ yen. A target price is the price experts think a stock can reach.
This news came from a mid-sized Japanese _____ firm. A securities firm helps people buy and sell _____. Experts at these firms are called _____. Analysts study companies and give ratings.
Other news showed changes in _____ trading for some stocks. Margin trading is when people borrow money to buy or sell stocks. NTT was on lists about this too, along with other companies like Nippon Steel and _____.
This kind of news helps _____ decide what to do. Investors are people who buy stocks to make money.
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