Macquarie cut shares of Nintendo Co. (OTC:NTDOY) from an outperform rating to a neutral rating in a research note published on Thursday.

Separately, Deutsche Bank AG downgraded shares of Nintendo from a buy rating to a hold rating in a research note on Monday, July 18th.

Nintendo (OTC:NTDOY) traded up 1.70% on Thursday, reaching $31.75. 214,793 shares of the company’s stock were exchanged. Nintendo has a 1-year low of $15.34 and a 1-year high of $38.25. The stock’s 50 day moving average price is $31.62 and its 200 day moving average price is $23.86. The firm’s market capitalization is $30.51 billion.

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