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Fly News Breaks for October 31, 2018
EA
Oct 31, 2018 | 07:56 EDT
Oppenheimer analyst Andrew Uerkwitz lowered his price target for Electronic Arts to $115 from $132, while reiterating an Outperform rating on the shares. The analyst believes EA's long-term growth story remains intact, given its diversified IP portfolio and strategic focus on live services and technology innovation. That said, the company faces near-term execution challenges and competitive pressure, which warrants a lower multiple than peers, he contends.
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
