Deutsche Bank hikes target price on Asahi Glass (5201.TO) to Y1,900 from Y1,470, affirms "buy" rating; analyst says downward revision to last FY group profit estimates due mainly to temporary factors; adds large profit growth expected this FY from FPD glass substrates business.
CSFB says no change in overall outlook for earnings recovery. Issue off 3% at Y1,604 on knee-jerk reaction to yesterday's profit outlook cut