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Fly News Breaks for September 20, 2017
ATVI
Sep 20, 2017 | 07:44 EDT
Buckingham analyst Scott Krasik initiated Activision Blizzard with a Buy and $79 price target saying it is the best managed and best positioned company within the video game sector to benefit from strong industry dynamics towards digital distribution and in-game content delivery. The analyst sees additional upwards sales and earnings revisions by management and increased attention by consumer investors on the category as traditional retail becomes less investable.
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