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Nintendo Shares Appear Overvalued, But Significant Upside Risk Remains
Thursday, September 22, 2016 - 8:16am | 325While Nintendo Co., Ltd (ADR) (OTC: NTDOY) shares appear overvalued, Goldman Sachs’ Masaru Sugiyama believes there still is meaningful upside risk to the stock. Sugiyama maintained a Neutral rating on the company, while raising the price target from ¥15,000 to ¥23,400. The...
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Is Sony Corp Finally Becoming A High-Profit Company?
Thursday, June 30, 2016 - 10:34am | 300Sony Corp (ADR) (NYSE: SNE) is making a transformation to a high-profit company as its shift toward the entertainment business is progressing well, Goldman said, while reaffirming its Buy rating on the stock. Goldman said Sony, at its IR day, maintained its FY3/18 operating profit target of ¥500...