Information Provided By:
Fly News Breaks for January 13, 2016
GME, EA
Jan 13, 2016 | 07:32 EDT
Piper Jaffray analyst Michael Olson views the 3% pullback in shares of Electronic Arts (EA) since the launch of Star Wars Battlefront as a buying opportunity. The analyst continues to believe the company will meet or exceed guidance for 13M-13.5M units of Battlefront, despite negative sentiment on the Street derived from holiday discounting at GameStop (GME). Olson also thinks a stronger title lineup in FY17 can drive both accelerating revenue growth and margin expansion for EA. He reiterates an Overweight rating on the stock with an $87 price target.
News For EA;GME From the Last 2 Days
EA
Apr 30, 2024 | 12:41 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: Among... To see the rest of the story go to thefly.com. See Story Here