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Fly News Breaks for May 22, 2018
EA
May 22, 2018 | 18:30 EDT
Baird analyst Colin Sebastian keeps his Outperform rating and $148 price target on Electronic Arts after its acquisition of GameFly announced after market close. The analyst says the assets will be put to better use at Electronic Arts and "accelerate the development of a viable streaming service", but does not anticipate the deal to have any impact on the company's estimates in the near term. Given the evolution of the digital mix shift however, Sebastian says the longer term potential of the acquisition looks more promising.
News For EA From the Last 2 Days
EA
Apr 24, 2024 | 13:19 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: This... To see the rest of the story go to thefly.com. See Story Here
