Jefferies analyst Timothy O'Shea raised his price target for Electronic Arts to $135 saying the "solid beat" during a traditionally slow quarter underscores how the company is becoming more predictable and profitable with its event-driven live services model. If Star Wars Battlefront 2, EA's most important launch of FY18, is a hit, it could drive meaningful upside to earnings, the analyst tells investors in a post-earnings research note. He reiterates a Buy rating on the shares.
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