Train wreck on 28 January 2013
So Sony was upgraded again by another large brokerage house which brings its total to 4 in the past week or so ahead of its earnings. Shares were up another 10% today in Japan
Bank of America
Citigroup
Morgan Stanley and Goldman Sachs,
Bank of America doubled its share outlook from 980 to close to 1900.
The Korean won is gaining strength against all its piers and is causing Samsung Electronics to fret, which is more good news for SNE as the advantage Korea has had this past decade with its weak currency is coming to an end.
