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Fly News Breaks for February 12, 2016
ATVI
Feb 12, 2016 | 07:29 EDT
Baird said its buy thesis in Activision Blizzard remains intact and the weakness in the shares after its Q4 report is a buying opportunity. The firm noted this was the company's first miss since 2011 but its core franchises and digital performed well. Baird reiterated its Outperform rating and $38 price target on Activision Blizzard shares.
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