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Macquarie cuts Sony (SONY) as headwinds are 'biting'
February 15, 2024 2:02 PM ESTMacquarie Equity Research analyst Damian Thong downgraded shares of (NYSE: SONY) to Neutral from Outperform in a note Thursday, noting that the stock is close to their JPY 15,000 price target.
Furthermore, the analyst said headwinds are "biting" for the company, while its market... More
Macquarie Downgrades Sony Corp. (6785:JP) (SONY) to Neutral
February 15, 2024 4:56 AM ESTMacquarie analyst Damian Thong downgraded Sony Corp. (6785:JP) (NYSE: SONY) from Outperform to Neutral with a price target of JPY15,000.00.
The analyst comments "With Sony near our target price and market expectations at risk given lacklustre FY3/25 guidance, we are downgrading to Neutral. We... More
