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Fly News Breaks for February 12, 2016
ATVI
Feb 12, 2016 | 09:20 EDT
After Activision reported weaker than expected results, Stifel says the results were "disappointing." However, the firm remains upbeat on the industry, remains "constructive" on the company's acquisition of King and continues to predict that its Blizzard game will generate record sales this year. It keeps a $43 price target and Buy rating on the name.
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