Cowen analyst Doug Creutz raised the firm’s price target on Sony to $118 from $102 and keeps an Outperform rating on the shares. The analyst said the company slightly lowered FY22 revenue guidance but modestly increased guidance on OI with solid execution offsetting macro pressure and expectations for PlayStation set to accelerate in 2023.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on SONY: