Doug Creutz, an analyst from TD Cowen, reiterated the Buy rating on Sony Group. The associated price target was raised to $31.00.
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Doug Creutz has given his Buy rating due to a combination of factors including Sony’s recent financial performance and strategic adjustments. The company reported first-quarter results for fiscal year 2025 that exceeded expectations in both revenue and profit, largely driven by strong performance in their gaming and network services segment.
Additionally, while Sony maintained its revenue guidance for the fiscal year, it raised its operating income guidance, reflecting the positive results from the first quarter and a reduction in anticipated tariff challenges. Consequently, Creutz has adjusted his estimates, slightly increasing the price targets for both the Japanese and US markets, which supports his Buy recommendation.
In another report released on August 5, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $27.00 price target.