2024-07-05 15:11:27 ET
Summary
- NTT DATA Group Corporation is rated as Buy with a potential short-term catalyst and a key long-term growth engine.
- The company's international expansion efforts for the long run are strengthened by the creation of a new entity and positive regulatory changes.
- In the near term, a new share repurchase program announcement in August could possibly be a potential re-rating catalyst.
Elevator Pitch
I rate NTT DATA Group Corporation ( NTTYY , NPPXF ) [9432:JP], or NTT Corporation, as a Buy....
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NTT: Focus On Long-Term Driver And Short-Term Catalyst