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Daiwa Sticks to Its Buy Rating for Sony (SNEJF)
In a report released today, from Daiwa maintained a Buy rating on Sony, with a price target of Yen4,800.00.
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In addition to Daiwa, Sony also received a Buy from Bernstein’s Mark Newman in a report issued on March 5. However, on February 28, TipRanks – xAI reiterated a Hold rating on Sony (Other OTC: SNEJF).
Based on Sony’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of Yen3713681000 thousand and a GAAP net loss of Yen1008612000 thousand. In comparison, last year the company earned a revenue of Yen4409574000 thousand and had a net profit of Yen373.74 billion
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