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Fly News Breaks for March 19, 2019
EA
Mar 19, 2019 | 07:19 EDT
Morgan Stanley analyst Brian Nowak updated his estimates for Electronic Arts to reflect Apex Legends' positive early traction ahead of the games planned launch of its first "season pass" on March 19. Nowak, who has a $375M basecase for revenue from Apex but also sees potential that Apex could contribute as much as $1.3B revenue in FY20, keeps an Equal Weight rating on EA until he sees evidence of a "Fortnite-like" bull-case playing out. Given his updated estimates, Nowak raised his price target on EA shares to $88 from $80.
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
