Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

Morgan Stanley Picks Sony As 'Research Tactical Idea'

Sony Morgan Stanley NYSE Sony Group Sony Group Corp
  • Morgan Stanley analyst Masahiro Ono named Sony Group Corp (NYSE:SONY) a "Research Tactical Idea." 
  • Ono sees the share price rising relative to the country index over the next 45 days because the stock has traded off recently to make the short-term valuation "much more compelling." 
  • The share price is off 9% after Microsoft Corp (NASDAQ:MSFT) announced it would acquire Activision Blizzard Inc (NASDAQ:ATVI). 
  • Related Content: Why The $70B Activision-Microsoft Deal Could Hurt Sony
  • Still, he thinks the stock is oversold when considering the size of the contribution of the core title "Call of Duty" to overall Sony Group sales. 
  • He maintained an Overweight rating and 18,000 yen price target on Sony shares. The price target implies an upside of 45% to the January 19 closing price.
  • Price Action: SONY shares traded higher by 5.13% at $115.68 on the last check Thursday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Tom Hardy's Venom And Andrew Garfield's Spider-Man Crossover Teased.
Fan trailer 'Venom: The Last Dance' hints at a clash between Tom Hardy's Venom and Andrew Garfield's Peter Parker in The Amazing Spider-Man 3, sparking exc...
Top News
Top News
The Anxious Generation wants to save teens. But the bestseller’s anti-tech logic is skewed
There’s no doubt about the mental health crisis facing young people. Jonathan Haidt blames our devices – which oversimplifies the problem
The Guardian - US
The Guardian - US
How to play with Barbie dolls: 6 ways to use the iconic doll as a positive role model at home
If you have a little one who loves to play with Barbie, there are lots of positive ways in which you can encourage them to play in a way that helps their development and self-esteem. We’ll show you how.
GoodToKnow
GoodToKnow
7 Google Docs keyboard shortcuts to get more done in less time
Google Docs is a great free online word processor, and you can get a lot of productivity out of it once you know these keyboard shortcuts.
Tom’s Guide
Tom’s Guide
Woman Misses Her Freckles So She Paints Them On, Gets Called Out For ‘Cultural Appropriation’
Cultural appropriation in beauty and fashion is nothing new. But today, it seems impossible that white models could walk a runway in dreadlocks, tribal and Native American dress, or geisha makeup and kimonos. Appropriation happens when consumers or companies use and manufacture products that either promote cultural stereotypes or take…
Bored Panda
Bored Panda
50 Texts Women Got From Men That Are A Crash Course In How Not To Communicate
For many of us, texting is a huge part of our lives. However, some messages can take an unexpected turn for the bizarre, hilarious, and even downright cringy. The post 50 Texts Women Got From Men That Are A Crash Course In How Not To Communicate first appeared on Bored…
Bored Panda
Bored Panda
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play