


| Sony shares pop on strong outlook. One analyst predicts it could rise another 50% |
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On Wednesday, Sony raised its forecast for its annual operating income by 13% to 700 billion yen (approx. $6.7 billion). It came as the firm announced a operating profit of about 317.8 billion yen (around $3.04 billion) for the three months ended Sept. 30. Jefferies Asia's Atul Goyal told CNBC on Thursday that he's "extremely bullish" on Sony.
Posted: 2020-10-29 06:32:00
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