SoftBank Analyst Rating Drops to Six-Year Low as Buybacks Dry Up

Bloomberg2022-11-29

Citi rating cut follows downgrades at Deutsche Bank, JefferiesThe stock has fallen more than 15% from a recent highSell-side analyst opinion on SoftBank Group Corp. has tumbled to a six-year low as ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

liangwee888
2022-11-29
liangwee888
k

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1188953094?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-11-29 13:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1188953094","market":"us","top_or_hot":-1,"title":"SoftBank Analyst Rating Drops to Six-Year Low as Buybacks Dry Up","media":"Bloomberg","content":"<div>\n<p>Citi rating cut follows downgrades at Deutsche Bank, JefferiesThe stock has fallen more than 15% from a recent highSell-side analyst opinion on SoftBank Group Corp. has tumbled to a six-year low as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-29/softbank-analyst-rating-drops-to-six-year-low-as-buybacks-dry-up?srnd=premium-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoftBank Analyst Rating Drops to Six-Year Low as Buybacks Dry Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoftBank Analyst Rating Drops to Six-Year Low as Buybacks Dry Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 13:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-29/softbank-analyst-rating-drops-to-six-year-low-as-buybacks-dry-up?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi rating cut follows downgrades at Deutsche Bank, JefferiesThe stock has fallen more than 15% from a recent highSell-side analyst opinion on SoftBank Group Corp. has tumbled to a six-year low as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-29/softbank-analyst-rating-drops-to-six-year-low-as-buybacks-dry-up?srnd=premium-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SFTBY","symbol_name":"软银集团","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-11-29/softbank-analyst-rating-drops-to-six-year-low-as-buybacks-dry-up?srnd=premium-asia","article_id":"1188953094","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188953094","pubTimestamp":1669698957,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Citi rating cut follows downgrades at Deutsche Bank, JefferiesThe stock has fallen more than 15% fro","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SFTBY":"软银集团"},"translate_title":"随着回购枯竭，软银分析师评级降至六年低点","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SFTBY":0.9},"content_text":"Citi rating cut follows downgrades at Deutsche Bank, JefferiesThe stock has fallen more than 15% from a recent highSell-side analyst opinion on SoftBank Group Corp. has tumbled to a six-year low as the Japanese technology giant refrains from new stock buybacks amid continued investment losses.The shares fell as much as 2.6% Tuesday after Citigroup cut its rating to neutral from buy. That dragged the consensus recommendation to a 2016 low, following recent downgrades at Deutsche Bank, CLSA and Jefferies.“The share buyback hiatus and the business execution issues behind it” lead Citi’s reasons for its rating cut, followed by risks from higher interest rates, and weaker investor communication with Masayoshi Son no longer attending quarterly results briefings, analyst Mitsunobu Tsuruo wrote in a note.The company’s shares have slumped more than 15% from a high earlier this month after it posted another quarterly loss in its core Vision Fund segment and declined to announce further equity repurchases.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9962923820,"gmtCreate":1669699588760,"gmtModify":1676538225501,"author":{"id":"3554799941327384","authorId":"3554799941327384","name":"liangwee888","avatar":"https://static.tigerbbs.com/5b494f711d74543d0aebd4ba8cd2e434","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3554799941327384","authorIdStr":"3554799941327384"},"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9962923820","repostId":1188953094,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":13,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1188953094"}