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BlackRock, other investment firms boost outlooks for Japan stocks


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TOKYO — BlackRock and other major European and U.S. asset management companies are upgrading their ratings for Japanese stocks, a shift that could increase the flow of money into the country’s market and sustain its growth, though outlooks are not uniformly bullish.

BlackRock, the world’s largest asset manager, raised its rating for Japanese stocks from underweight to neutral at the end of June based on Japanese companies’ aggressive shareholder returns.

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