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Jefferies Bullish on Nintendo as Switch 2 Sales Shatter Records
Jefferies Bullish on Nintendo as Switch 2 Sales Shatter Records
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BTCCSquare news:
Nintendo shares continue their upward trajectory, fueled by unprecedented demand for the newly launched Switch 2 console. The device sold 3.5 million units in its first four days—outpacing both Nintendo's original Switch and Sony's PlayStation benchmarks. This marks the fastest console launch in company history.
Jefferies analyst Atul Goyal has raised his three-year sales forecast to 69 million units, citing the console's 'meaningfully above' trajectory compared to its predecessor. The stock has gained 40% year-to-date as investors bet on sustained software and hardware monetization.
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