JAPAN: Honda investment rating upped to 'outperform' by CSFB
Credit Suisse First Boston (CSFB) has said that it has raised its investment rating on Honda Motor Co to 'outperform' from 'neutral'. The rating change follows Honda's recent announcement of record profits and in spite of Honda's own forecast that its fiscal 2003 performance will be weaker in the face of unfavourable exchange rates and market conditions.
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