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Is Sony Group Corporation (SONY) the Top Gaming Stock to Buy Ahead of the PlayStation 5 Pro Launch?
Sony Group Is Maintained at Buy by TD Cowen
Sony Gr Analyst Ratings
USA game sales declined in August, dragged down by hardware sales.
According to Circana's forecast, the game industry sales in the usa in August decreased by 7% year-on-year, affected by a 36% decline in consumer hardware spending. The decline in hardware sales may be due to microsoft and sony planning to release new generations of game consoles during the holiday season. However, nintendo stated in May that the company will not release the latest version of the Switch game console, which has been on the market for seven years, until the end of March 2025.
U.S. Videogame Sales Fall in August Driven By Hardware Decline -- Market Talk
TD Cowen Maintains Sony(SONY.US) With Buy Rating, Announces Target Price $23
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