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.
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