Softbank Corp. gets upgrade to Buy at Jefferies

seekingalpha06-11

Jefferies upgraded Softbank Corp. (OTCPK:SOBKY) to Buy from Hold and raised the price target to 2,270 yen from 1,850 yen, citing seven reasons. The analysts noted that two of these reasons are related...

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(OTCPK:SOBKY) to Buy from Hold and raised the price target to 2,270 yen from 1,850 yen, citing seven reasons. The analysts noted that two of these reasons are related...</p>\n\n<a href=\"https://seekingalpha.com/news/4114892-softbank-corp-gets-upgrade-to-buy-at-jefferies\">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://seekingalpha.com/news/4114892-softbank-corp-gets-upgrade-to-buy-at-jefferies","article_id":"2442031355","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1271518605/image_1271518605.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2442031355","pubTimestamp":1718118827,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Jefferies upgraded Softbank Corp.  to Buy from Hold and raised the price target to 2,270 yen from 1,850 yen, citing seven reasons. 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The fourth point is, Softbank is targeting market share gains [focusing on net addition, while KDDI   and DoCoMo focus on ARPU]; 4.4% dividend yield, or DY, versus KDDI <3%; Well positioned from potential listing of PayPay over the next 12 months; And lastly, well posit","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"SFTBY":"软银集团","SOBKY":"Softbank Corp."},"translate_title":"软银公司(Softbank Corp.)获得杰富瑞(Jefferies)的买入评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SFTBY":1,"SOBKY":1},"content_text":"Jefferies upgraded Softbank Corp. (OTCPK:SOBKY) to Buy from Hold and raised the price target to 2,270 yen from 1,850 yen, citing seven reasons. The analysts noted that two of these reasons are related to how well Softbank is positioned to benefit — from a likely PayPay (PYPL) listing; and as Japan's gateway for artificial intelligence, or AI, data centers, given the company and SoftBank Group's (OTCPK:SFTBY) (OTCPK:SFTBF) close ties with Nvidia (NVDA) The seven reasons according to the analysts are: Benign competition landscape within Japan telecom, as seen in relatively lower churn than most other country markets; Steady cash flow, or CF, from Telecom as the average revenue per user, or ARPU, is bottoming; Thirdly more government pressure on cutting mobile plan prices. 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