Sony initiated with an Outperform at Bernstein

Bernstein initiated coverage of Sony (SONY) with an Outperform rating. Sony’s business spans “industry-leading positions” in image sensors, video gaming, music, and film, the analyst tells investors in a research note. The firm says that in contrast with an “indifferent” 2022-2024 period, it expects a Sony more focused on efficiency to deliver earnings surprises in 2025.