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Fly News Breaks for October 2, 2019
EA
Oct 2, 2019 | 07:33 EDT
Baird analyst Colin Sebastian noted there were concerns over electronic Arts' Apex usage trends following backlash over monetization during season 2. The analyst said h is encouraged by what appears to be the positive initial reaction to season 3, and at this point remains comfortable with his full year revenue estimates as well as with his above consensus Q3 estimates. Sebastian reiterated his Outperform rating and $114 price target on Electronic Arts shares.
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