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Ntt Docomo (NYSE:DCM) was upgraded by equities researchers at TheStreet from a “hold” rating to a “buy” rating in a research report issued on Monday.

The analysts wrote, “NTT DoCoMo (DCM) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”

Ntt Docomo (NYSE:DCM) traded down 0.46% on Monday, hitting $17.28. The stock had a trading volume of 91,461 shares. Ntt Docomo has a one year low of $14.95 and a one year high of $17.43. The stock’s 50-day moving average is $16.86 and its 200-day moving average is $16.2. The company has a market cap of $71.656 billion and a price-to-earnings ratio of 15.84.

NTT DOCOMO, INC. (NYSE:DCM) is a mobile telecommunication services provider belonging to NTT group whose parent company is Nippon Telegraph and Telephone Corporation (NTT).

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