Sony upgraded to Outperform from Peer Perform at Wolfe Research

Wolfe Research upgraded Sony (SONY) to Outperform from Peer Perform with a 5,300 yen price target The firm says the company has a “triple threat” of games, anime, and music. The company’s video games and music segments “enjoy powerful positions in expanding markets,” the analyst tells investors in a research note. Wolfe sees the stock re-rating higher from current levels.

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