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Fly News Breaks for April 15, 2015
ATVI
Apr 15, 2015 | 07:26 EDT
Brean Capital noted Activision Blizzard is planning to re-launch Guitar Hero, which was one its strongest franchises, and the move reinforces the firm's view that current guidance is conservative. As a result, Brean Capital reiterated its Buy rating and raised its price target to $27 from $25 on Activision Blizzard shares.
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