Zacks Investment Research upgraded shares of Obic Co Ltd (NASDAQ:OBIIF) from a hold rating to a buy rating in a report issued on Thursday morning. Zacks Investment Research currently has $51.00 target price on the stock.

According to Zacks, “OBIC Co., Ltd provides system integration services, system support services, office automation services, and package software services. It also sells, leases and develops computers, peripherals, related systems and customized software. OBIC Co., Ltd is headquartered in Tokyo, Japan. “

Obic Co (NASDAQ:OBIIF) traded down 15.38% on Thursday, reaching $45.10. 200 shares of the company’s stock traded hands. Obic Co has a 12 month low of $45.10 and a 12 month high of $45.10.

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