Sony Corporation (SNE)SONY: 'End to negative factors', analyst
Portfolio.com - November 25, 2007
Submitted by kspraydad (475)
at 9:29PM PST on November 25, 2007
A robust start to the U.S. holiday shopping season, providing some reassurance about the health of the U.S. economy.
Sony was also boosted by a ratings upgrade by Mizuho Securities to "2" from "3."
In a note published on Thursday, Mizuho said an end to the negative factors afflicting Sony, including large losses on the PlayStation 3 game console, seems to be in sight.