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Fly News Breaks for May 26, 2016
ATVI
May 26, 2016 | 07:38 EDT
Baird analyst Colin Sebastian said Activision Blizzard's Overwatch game successfully reached high levels of quality and playability and channel checks suggest launch sales are brisk. The analyst believes there is potential upside to Q2 earnings and revenues and that further monetization could occur with the use of eSports. Sebastian reiterated his Outperform rating and $42 price target on Activision shares.
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