Zacks Investment Research upgraded shares of Obic (OTCMKTS:OBIIF) from a hold rating to a buy rating in a research report report published on Friday morning. The firm currently has $51.00 price objective on the stock.

According to Zacks, “OBIC Co., Ltd provides system integration services, system support services, office automation services, and package software services. It also sells, leases and develops computers, peripherals, related systems and customized software. OBIC Co., Ltd is headquartered in Tokyo, Japan. “

Shares of Obic (OTCMKTS:OBIIF) opened at $45.10 on Friday.

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