Obic Co Ltd (NASDAQ:OBIIF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Thursday. The firm currently has a $51.00 target price on the stock. Zacks Investment Research‘s price target points to a potential upside of 13.08% from the stock’s current price.

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

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