[ET Net News Agency, 11 January 2022] Nomura raised its target price for Nissin Foods
(01475) to HK$7.4 from HK$6.2 and upgraded its rating to "buy" from "neutral".
The research house said in light of the ongoing pandemic situation in China and HKSAR,
it believes demand for instant noodles could be supported as consumers' desire to dine out
will likely be dampened. (RC)