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Fly News Breaks for November 5, 2015
KING, ATVI
Nov 5, 2015 | 07:19 EDT
Jefferies analyst Brian Pitz raised his price target for Activision Blizzard (ATVI) to $45 saying he's positive on the acquisition of King Digital (KING).Activision can promote its own games on King's platform of 474M mobile gamers, Pitz tells investors in a research note. He keeps a Buy rating on the name.
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