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Fly News Breaks for September 13, 2018
ATVI
Sep 13, 2018 | 07:56 EDT
Baird analyst Colin Sebastian raised his price target on Activision Blizzard to $85 from $81 as he believes video game sales will break records this holiday season. The analyst believes the company is well positioned through year-end as interactive entertainment continues to take market share, growing double digits. He believes Activision is a good portfolio play for Q4 given its title lineup and strong growth in mobile. Sebastian reiterated his Outperform rating on Activision Blizzard shares.
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