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nintendo shares surge on switch 2 release expectations from goldman sachs
Nintendo shares surged over 6% after Goldman Sachs projected that the upcoming Switch 2 console, set to be unveiled on April 2, will boost active users and sales. The firm reinstated a buy rating with a price target of JPY 13,600, anticipating a renewed growth phase for Nintendo's earnings alongside new software titles. Analysts believe the phased release of games could mitigate scalping issues experienced with the original Switch.
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