A major U.S. securities firm maintained its "Bullish (Buy (1))" rating on Horiba on August 12 and raised its target price to ¥31,000 from ¥30,000, setting a level above the prior day's analyst consensus target of ¥30,056 based on nine analysts. The rating consensus stood at 4.67, also based on nine analysts, indicating a broadly bullish market view. Horiba, based in Kyoto, makes analytical and measuring instruments including automotive exhaust gas measurement systems, semiconductor metrology equipment and medical diagnostic analyzers. The higher target suggests the brokerage sees further upside as solid demand continues in the company's core businesses, supported by semiconductor market expansion and tighter environmental regulations. The report also cited a separate assessment by the same U.S. firm dated August 10 that raised a target from ¥33,000 to ¥35,000, pointing to multiple rating revisions within a short period. Related names drawing market attention include Shimazu Corporation, Nikon, Omron Corporation and Olympus. Analyst upgrades and target increases can support near-term sentiment, though such ratings reflect individual firm views rather than the full market consensus.