Sonos, Inc. (NASDAQ:SONO – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target […]
Sonos, Inc. (NASDAQ:SONO – Get Free Report) has earned an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts […]
Google and Sonos have been embroiled in a sprawling intellectual property dispute over smart-speaker technology that has included lawsuits in the U.S., Canada, France, Germany and the Netherlands. The companies previously worked together to integrate Mountain View, California-based Google s streaming music service into Sonos products.
The U.S. Court of Appeals for the Federal Circuit upheld a U.S. trade tribunal s decision that Google s redesigns of products, including Google Home speakers, Pixel phones and Nest Hub smart displays, were sufficient to avoid infringing Sonos multi-room wireless audio patents.
Rosenblatt Securities reissued their buy rating on shares of Sonos (NASDAQ:SONO – Free Report) in a research report sent to investors on Monday morning, Benzinga reports. Rosenblatt Securities currently has a $24.00 price objective on the stock. Several other equities analysts also recently weighed in on the stock. Morgan Stanley raised their price target on […]