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Fly News Breaks for June 22, 2017
ATVI
Jun 22, 2017 | 08:52 EDT
Oppenheimer analyst Andrew Uerkwitz called Activision Blizzard's Overwatch "a generational game changer" that is backed by its multichannel, multi-media content strategy, built for eSports and "just getting started." The analyst, who believes this game represents Activision's broader strategy, in which he has increased confidence, raised his price target on the stock to $70 from $60 and keeps an Outperform rating on the shares.
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