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>> SONY Latest News

JAN 28, 2013 - Benzinga

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UPDATE: Citigroup Upgrades Sony Corporation to Buy on Yen Weakness

On Friday, Citigroup upgraded Sony Corporation (NYSE: SNE) from Neutral to Buy. Citigroup commented, "Yen weakness is prompting changes to management strategy, and we expect it to improve earnings in consumer electronics. As the weaker yen allows Sony to be more risk-tolerant, we think changes will go beyond OP sensitivity to yen depreciation.

Tags: UPDATE: Citigroup Upgrades Sony Corporation to Buy on Yen Weakness,  Sony Latest News