<div id="readability-page-1"><p><span>Sony (NYSE:SONY - Get Free Report)</span> was upgraded by stock analysts at Nomura from a &#34;neutral&#34; rating to a &#34;buy&#34; rating in a note issued to investors on Wednesday.</p><ul><li>$14B Japanese Facility Signals TSMC's Bold AI Strategy</li></ul><p>A number of other analysts have also commented on the stock. Zacks Research upgraded shares of Sony from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research note on Thursday, October 16th. Wolfe Research upgraded shares of Sony from a &#34;peer perform&#34; rating to an &#34;outperform&#34; rating in a research report on Wednesday, November 5th. Weiss Ratings  restated a &#34;buy (b)&#34; rating on shares of Sony in a research report on Wednesday, October 8th. Finally, Cfra Research upgraded Sony to a &#34;moderate buy&#34; rating in a research report on Friday, October 10th. One investment analyst  has rated the stock with a Strong Buy rating and seven have assigned  a Buy rating to the company. According to MarketBeat.com, the company  has a consensus rating of &#34;Buy&#34; and an average target price of $33.00.</p><p><b>Check Out Our Latest Stock Analysis on Sony</b></p><h2>Sony Stock Down 0.6%</h2><ul><li>How Gamers Are Powering Microsoft’s Next Wave of Growth</li></ul><p>Shares of NYSE SONY traded down $0.19 during mid-day trading on Wednesday, hitting $28.49. 3,121,967 shares of the stock traded hands, compared to its average volume of 4,852,175. The stock has a fifty day moving average price of $28.97 and a 200-day moving average price of $26.99. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.03 and a current ratio of 1.09. The company has a market cap of $172.27 billion, a price-to-earnings ratio of 22.63 and a beta of 0.99. Sony has a 52 week low of $18.97 and a 52 week high of $30.34. </p><h2>Hedge Funds Weigh In On Sony</h2><p>Large investors have recently bought and sold shares of the business. Fisher Asset Management LLC lifted its position in shares of  Sony by 2.7% during the third quarter. Fisher Asset Management LLC now owns 104,644,526 shares of the company's stock worth $3,128,924,000 after purchasing an additional 2,766,460 shares during the last quarter.  Mondrian Investment Partners LTD purchased a new stake in  Sony in the 3rd quarter valued at about $277,631,000.  Northern Trust Corp boosted its position in  Sony by 3.4% in the 1st quarter. Northern Trust Corp now owns 7,845,521 shares of the company's stock valued at $199,198,000 after buying an additional 257,838 shares during the period.  Capital International Investors increased its position in shares of  Sony by 245.0% during the third quarter. Capital International Investors now owns 6,049,618 shares of the company's stock worth $176,044,000 after acquiring an additional 4,296,028 shares during the period.  Finally, Capital World Investors raised its stake in shares of  Sony by 0.4% during the third quarter. Capital World Investors now owns 5,001,748 shares of the company's stock valued at $144,021,000 after acquiring an additional 20,960 shares in the last quarter. Hedge funds and other institutional investors own  14.05% of the company's stock. </p><h2>About Sony</h2> (Get Free Report)<ul><li>Microsoft Stock After Xbox Price Hike: Buy or Hold?</li></ul><p>Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Sony</li><li>Growth Investing: Should You Adopt This Investing Strategy in 2022?</li><li>Down 45% Year-to-Date, Novo Nordisk Ignites a Price War</li><li>Market Cap Calculator: How to Calculate Market Cap</li><li>Institutions Love These 3 Companies, Should You As Well?</li><li>Short Selling - The Pros and Cons </li><li>3 Data Center Stocks Are Soaring—Analysts Think 1 Could Go Higher</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNPTlk?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNPTlk"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Sony Right Now?</h2><p>Before you consider Sony, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sony wasn't on the list.</p><p>While Sony currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Nomura upgraded Sony to a "buy" rating, joining other analysts like Zacks Research and Wolfe Research who have also raised their ratings. Sony's stock has a consensus "Buy" rating with an average target price of $33.00. Despite the upgrades, Sony's stock traded down 0.6% to $28.49. Hedge funds and institutional investors have been actively buying Sony shares, with Fisher Asset Management increasing its stake by 2.7%. Sony designs and sells electronic equipment globally.</p>

- Sony has received multiple upgrades from analysts, with Nomura raising its rating from "neutral" to "buy."  
- The stock is currently trading at $28.49, down 0.6%, with a market cap of $172.27 billion and a consensus rating of "Buy."  
- Institutional investors hold 14.05% of Sony's shares, indicating strong interest from large investors.

Sony (NYSE:SONY) Upgraded to "Buy" at Nomura