Information Provided By:
Fly News Breaks for February 3, 2020
EA
Feb 3, 2020 | 05:06 EDT
BMO Capital analyst Gerrick Johnson downgraded Electronic Arts to Market Perform from Outperform with a price target of $110, down from $130. The shares "could stall" as the Street grows concerned over uncertainty around monetization of current titles and a "haphazard" fiscal 2021 lineup, Johnson tells investors in a research note. While encouraged by Electronic Arts' improvement in its sports games and strong performance from Star Wars, the analyst believes continuing the recent momentum could prove more challenging that he thought. Johnson believes the shares are approaching fair value with limited upside.
News For EA From the Last 2 Days
EA
Apr 17, 2024 | 12:36 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: Among... To see the rest of the story go to thefly.com. See Story Here