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Fly News Breaks for July 21, 2017
ATVI
Jul 21, 2017 | 05:54 EDT
Piper Jaffray analyst Michael Olson raised his price target for Activision Blizzard to $65 saying he sees potential for "slight" revenue and earnings upside when the company reports Q2 on August 3. The analyst looks for growth of digital revenue sources to mitigate weaker sell-through of Call of Duty: Infinite Warfare. He believes Activision has a "big" 2018 upcoming and keeps an Overweight rating on the shares.
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