TD Cowen analyst Doug Creutz reiterated a Buy rating on Sony Group (SONY – Research Report) today and set a price target of $28.00.
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Doug Creutz has given his Buy rating due to a combination of factors that highlight Sony Group’s strong financial performance and promising future outlook. Despite missing revenue expectations for the fourth quarter, Sony exceeded earnings projections across most of its segments, showcasing its ability to manage costs effectively and deliver solid bottom-line results. This performance indicates resilience and operational strength, which are crucial for long-term growth.
Additionally, Sony’s guidance for the fiscal year 2025 appears robust, even when accounting for external challenges such as tariffs and foreign exchange impacts. The company has set optimistic targets for operating income growth over the next three years, reaffirming its commitment to maintaining a positive trajectory. These factors collectively underpin Doug Creutz’s confidence in Sony’s potential, justifying the Buy rating.