Macquarie Downgrades Sony Group to Neutral
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Damian Thong has downgraded Sony Group (NYSE:SONY) from Outperform to Neutral, indicating a change in the investment firm's outlook on the company.

February 15, 2024 | 10:29 am
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Macquarie analyst Damian Thong downgraded Sony Group from Outperform to Neutral, suggesting a more cautious view on the company's stock.
Analyst ratings can significantly influence investor sentiment and stock prices. A downgrade from 'Outperform' to 'Neutral' suggests that the analyst sees fewer growth catalysts or higher risks ahead for Sony Group, which could lead to a decrease in investor interest and potentially lower the stock price in the short term.
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