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Fly News Breaks for November 4, 2015
KING, ATVI
Nov 4, 2015 | 09:06 EDT
Pacific Crest hiked its price target on Activision Blizzard (ATVI) after the company agreed to buy King Digital (KING). The firm thinks the near-term accretion from the deal justifies the transaction from Activision's perspective. It keeps an Overweight rating on the shares.
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