Nothing lasts forever.
Reports about the success of the Switch continue to appear on a daily basis, but one Wall Street Nintendo analyst has warned sales could begin to slow for the Japanese company. Jefferies analyst, Atul Goyal, has cut his forecast for Nintendo's stock price by more than 10 percent, from a target of ¥71,200 ($640.45) down to ¥64,200 ($577.48).
Nintendo's stock has lost more than 12 percent in 2018 and currently sits at around ¥38,000 ($341.83). While it has begun to recover - with a four percent increase in June - it would still need a 69 percent increase to reach Goyal's lower target.
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