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Sony Group Stock Soars 4.94% on Potential Chipset Unit Sale
Generated by AI AgentAinvest Pre-Market Radar
Friday, Aug 15, 2025 7:06 am ET1min read
Aime SummarySony Group's stock surged 4.94% in pre-market trading on August 15, 2025, reflecting a strong bullish sentiment among investors.
Sony Group is actively considering the sale of its cellular chipset unit for connected devices. This strategic move is part of the company's broader shift towards focusing on its entertainment segment, which has been a significant driver of growth and innovation for the conglomerate.
Analysts have given
a "Buy" rating, with an average 12-month stock price target of $28.00, indicating a modest increase from the current price. This positive outlook is supported by the company's recent operational shifts and strategic partnerships, which have contributed to its overall market performance.Additionally,
Group's stock has reached a new 52-week high, demonstrating the company's robust financial health and investor confidence. This milestone is a testament to Sony's successful product launches and branding efforts, which have resonated well with consumers and investors alike.
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