Macquarie Keeps Their Buy Rating on Sony (SNEJF)
Macquarie analyst Damian Thong maintained a Buy rating on Sony yesterday and set a price target of Yen4,600.00. The company’s shares closed last Monday at $30.40.
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Thong covers the Technology sector, focusing on stocks such as Disco, Advantest, and Panasonic. According to TipRanks, Thong has an average return of 23.2% and a 73.33% success rate on recommended stocks.
In addition to Macquarie, Sony also received a Buy from Morgan Stanley’s Kazuo Yoshikawa in a report issued on September 29. However, on September 26, Citi maintained a Hold rating on Sony (Other OTC: SNEJF).
The company has a one-year high of $32.40 and a one-year low of $16.65. Currently, Sony has an average volume of 56.34K.
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