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ATVI

Activision Blizzard

$62.05

0.69 (1.12%)

, TTWO

Take-Two

$103.44

-0.16 (-0.15%)

05:36
10/13/17
10/13
05:36
10/13/17
05:36

September NPD video game software sales rose 31%, says Piper Jaffray

September NPD video game software sales were up 31% year-over-year due to the launch of Destiny 2 from Activision Blizzard (ATVI), the second biggest title of the month, Piper Jaffray analyst Michael Olson tells investors in a research note. He notes the top title for the month was NBA 2K18 from Take-Two Interactive (TTWO). The analyst says Activision is tracking well ahead of his estimates and consensus, while Electronic Arts (EA) and Take-Two are slightly lagging. Olson keeps an Overweight rating on all three names.

ATVI

Activision Blizzard

$62.05

0.69 (1.12%)

TTWO

Take-Two

$103.44

-0.16 (-0.15%)

EA

Electronic Arts

$117.14

1.09 (0.94%)

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    Nov

ATVI Activision Blizzard
$62.05

0.69 (1.12%)

10/09/17
COWN
10/09/17
DOWNGRADE
COWN
Market Perform
Activision Blizzard downgraded to Market Perform from Outperform at Cowen
10/04/17
LEHM
10/04/17
INITIATION
Target $65
LEHM
Equal Weight
Activision Blizzard initiated with an Equal Weight at Barclays
Barclays analyst Ryan Gee started Activision Blizzard with an Equal Weight rating and $65 price target. The analyst thinks catalysts are priced in at current share levels. He also doesn't believe Candy Crush can grow players or that eSports will be meaningful in the near term.
10/09/17
COWN
10/09/17
DOWNGRADE
Target $66
COWN
Market Perform
Activision Blizzard downgraded to Market Perform at Cowen
As reported previously, Cowen analyst Doug Creutz downgraded Activision Blizzard based on a combination of worries about heavy industry competition in 2018, the potential for sentiment disappointments in some of its key growth initiatives, and valuation that fairly captures its growth opportunities. Creutz maintained his $66 price target on Activision Blizzard shares.
09/20/17
BARD
09/20/17
NO CHANGE
Target $68
BARD
Outperform
Activision launch of Overwatch League largely on schedule, says Baird
Baird analyst Colin Sebastian noted that Activision Blizzard announced the addition of three new Overwatch League franchises and said its inaugural season will launch on January 10, 2018, saying the "soft launch" of preseason matches in December is in line with management's original target of the second half of this year. The analyst, who expects the league to generate a modest revenue boost in the first half of FY18 and notes the company's significant expansion plans for the future, keeps an Outperform rating on Activision shares.
TTWO Take-Two
$103.44

-0.16 (-0.15%)

10/09/17
COWN
10/09/17
DOWNGRADE
COWN
Market Perform
Take-Two downgraded to Market Perform from Outperform at Cowen
10/03/17
PIPR
10/03/17
NO CHANGE
PIPR
Take-Two's RDR 2 trailer drawing strong interest, says Piper Jaffray
Piper Jaffray analyst Michael J. Olson noted that Take-Two developer Rockstar released a second trailer for Red Dead Redemption 2, or RDR 2, which has drawn strong interest with 35M views and a "like to dislike" ration of 52.9. Olson believes the title will have a "blockbuster launch," and sees solid lead-ins from GTA Online and the launch of NBA 2K18. Olson maintains an Overweight rating on Take Two shares.
10/09/17
COWN
10/09/17
DOWNGRADE
Target $83
COWN
Market Perform
Take-Two downgraded to Market Perform at Cowen
As reported previously, Cowen analyst Doug Creutz downgraded Take-Two to Market Perform from Outperform based on worries about heavy industry competition in 2018, a belief that FY19 will represent a significant multi-year earnings peak, and a valuation that he thinks fully captures the growth opportunities in front of the company. Creutz maintained his $83 price target on Take-Two shares.
10/04/17
LEHM
10/04/17
INITIATION
Target $115
LEHM
Overweight
Take-Two initiated with an Overweight at Barclays
Barclays analyst Ryan Gee started Take-Two Interactive Software with an Overweight rating and $115 price target. The analyst views the company as the only video game stock with potential for meaningful earnings upside and material multiple expansion. He recommends being aggressive on the shares into the Spring 2018 launch of Red Dead Online 2.
EA Electronic Arts
$117.14

1.09 (0.94%)

10/10/17
RHCO
10/10/17
INITIATION
Target $133
RHCO
Buy
Electronic Arts initiated with a Buy at SunTrust
SunTrust analyst Matthew Thornton started Electronic Arts with a Buy rating and $133 price target. The company's sports games offer a "growing annuity-like revenue stream with limited competition," the analyst contends.
09/20/17
BUCK
09/20/17
INITIATION
Target $143
BUCK
Buy
Electronic Arts initiated with a Buy at Buckingham
Buckingham analyst Scott Krasik initiated Electronic Arts with a Buy and $143 price target. The analyst sees the shift to digital distribution and in-game content delivery as game changers for the video game publishers, leading to better revenue predictability and higher margins. Kraisk expects further share upside from higher sales and earnings revisions by management, multiple expansion as the company builds its IP portfolio, increased attention by consumer investors on the category as traditional retail becomes less investable.
10/04/17
LEHM
10/04/17
INITIATION
Target $129
LEHM
Overweight
Electronic Arts initiated with an Overweight at Barclays
Barclays analyst Ryan Gee started Electronic Arts with an Overweight rating and $129 price target. The analyst is bullish on the company's margin expansion opportunity and accelerating digital revenue growth.
10/11/17
10/11/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Electronic Arts (EA) initiated with a Buy at SunTrust. 2. FedEx (FDX) was initiated with an Overweight at KeyBanc, while Schneider National (SNDR) was initiated with a Sector Weight. 3. Hostess Brands (TWNK) initiated with a Neutral at JPMorgan. 4. INC Research (INCR) re-initiated with an Outperform at Credit Suisse. 5. First Bank (FRBA) resumed with a Hold at Sandler O'Neill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

WHR

Whirlpool

$182.10

-0.36 (-0.20%)

11:31
10/23/17
10/23
11:31
10/23/17
11:31
Technical Analysis
Technical Earnings Preview: Whirlpool has a potential bullish pattern »

On the daily chart there…

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  • 24

    Oct

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    Nov

EBAY

eBay

$37.61

0.32 (0.86%)

, PYPL

PayPal

$70.97

3.72 (5.53%)

11:30
10/23/17
10/23
11:30
10/23/17
11:30
Recommendations
eBay, PayPal analyst commentary  »

NFL deal highlights value…

EBAY

eBay

$37.61

0.32 (0.86%)

PYPL

PayPal

$70.97

3.72 (5.53%)

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  • 29

    Nov

NFLX

Netflix

$194.16

-0.97 (-0.50%)

11:30
10/23/17
10/23
11:30
10/23/17
11:30
Options
Size call condor in Netflix rerolls position from last week »

Size call condor in…

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GE

General Electric

$22.57

-1.26 (-5.29%)

11:29
10/23/17
10/23
11:29
10/23/17
11:29
Hot Stocks
Battleground: Analysts diverge on General Electric earnings power »

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TGT

Target

$62.92

1.16 (1.88%)

, GOOG

Alphabet

$988.20

3.75 (0.38%)

11:20
10/23/17
10/23
11:20
10/23/17
11:20
Hot Stocks
Target climbs as retailer gears up for crucial holiday season »

EXCLUSIVE BRANDS: After…

TGT

Target

$62.92

1.16 (1.88%)

GOOG

Alphabet

$988.20

3.75 (0.38%)

GOOGL

Alphabet Class A

$1,005.07

3.23 (0.32%)

WMT

Wal-Mart

$88.24

0.8 (0.91%)

AMZN

Amazon.com

$982.91

-3.7 (-0.38%)

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XLF

Financial Select Sector

$26.67

0.025 (0.09%)

11:20
10/23/17
10/23
11:20
10/23/17
11:20
Options
Notable option play in SPDR Financial ETF Monday morning »

Notable option play in…

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11:20
10/23/17
10/23
11:20
10/23/17
11:20
General news
Treasury announced a $45 B 4-week bill auction for Tuesday »

Treasury announced a $45…

$NSD

NASDAQ Market Internals

11:17
10/23/17
10/23
11:17
10/23/17
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

11:16
10/23/17
10/23
11:16
10/23/17
11:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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PANW

Palo Alto Networks

$146.80

-2.81 (-1.88%)

11:15
10/23/17
10/23
11:15
10/23/17
11:15
Options
Palo Alto Networks put volume heavy and directionally bearish »

Bearish flow noted in…

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11:15
10/23/17
10/23
11:15
10/23/17
11:15
General news
Breaking General news story  »

6-Month Bill Auction to…

11:15
10/23/17
10/23
11:15
10/23/17
11:15
General news
Breaking General news story  »

3-Month Bill Auction to…

SINA

Sina

$110.48

-1.12 (-1.00%)

11:14
10/23/17
10/23
11:14
10/23/17
11:14
Hot Stocks
Aristeia says Glass Lewis endorses nominees for Sina board »

Aristeia Capital, a…

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  • 03

    Nov

JNJ

Johnson & Johnson

$143.95

1.5514 (1.09%)

11:13
10/23/17
10/23
11:13
10/23/17
11:13
Conference/Events
Johnson & Johnson management to meet with MKM Partners »

Meeting to be held in New…

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  • 23

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    Nov

SNY

Sanofi

$49.59

0.075 (0.15%)

, TKPYY

Takeda Pharmaceutical Co. Ltd.

$28.07

-0.15 (-0.53%)

11:11
10/23/17
10/23
11:11
10/23/17
11:11
Conference/Events
Worldwide Business Research to hold a summit »

BioNetwork Partnering…

SNY

Sanofi

$49.59

0.075 (0.15%)

TKPYY

Takeda Pharmaceutical Co. Ltd.

$28.07

-0.15 (-0.53%)

UNH

UnitedHealth

$207.31

-0.18 (-0.09%)

NVS

Novartis

$86.54

0.8 (0.93%)

HZNP

Horizon Pharma

$14.09

-0.05 (-0.35%)

ABBV

AbbVie

$95.55

-0.55 (-0.57%)

BAYRY

Bayer

$34.80

-0.41 (-1.16%)

MRK

Merck

$64.37

0.49 (0.77%)

RDHL

RedHill Biopharma

$9.25

0.47 (5.35%)

NBRV

Nabriva Therapeutics

$6.33

-0.31 (-4.67%)

PFE

Pfizer

$36.68

0.26 (0.71%)

TEVA

Teva

$14.70

-0.2 (-1.34%)

GILD

Gilead

$81.21

-0.38 (-0.47%)

ALXN

Alexion

$139.02

-1.44 (-1.03%)

GSK

GlaxoSmithKline

$40.76

-0.085 (-0.21%)

REGN

Regeneron

$432.98

-7.96 (-1.81%)

CELG

Celgene

$121.33

-14.63 (-10.76%)

LLY

Eli Lilly

$87.85

0.62 (0.71%)

AMGN

Amgen

$182.96

-1.16 (-0.63%)

03/08/13
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03/06/13
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CUB

Cubic

$54.75

1.7 (3.20%)

11:10
10/23/17
10/23
11:10
10/23/17
11:10
Periodicals
MTA ready to roll out new payment system built by Cubic, NY Post reports »

The MTA is ready to roll…

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11:07
10/23/17
10/23
11:07
10/23/17
11:07
General news
4-Week Bill Announcement Offering Amount data reported »

4-Week Bill Announcement…

NTNX

Nutanix

$26.67

0.33 (1.25%)

11:05
10/23/17
10/23
11:05
10/23/17
11:05
Options
Nutanix call volume above normal and directionally bullish »

Bullish option flow…

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11:05
10/23/17
10/23
11:05
10/23/17
11:05
General news
Euro$ interest rate futures are relatively steady »

Euro$ interest rate…

OPGN

OpGen

$0.37

-0.0014 (-0.38%)

11:01
10/23/17
10/23
11:01
10/23/17
11:01
Hot Stocks
OpGen announces award of $860K CDC contract »

OpGen announced that it…

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PETS

PetMed Express

$36.74

0.87 (2.43%)

11:00
10/23/17
10/23
11:00
10/23/17
11:00
Recommendations
PetMed Express analyst commentary  »

PetMed Express target…

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  • 23

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EGO

Eldorado Gold

$1.79

-0.38 (-17.51%)

10:57
10/23/17
10/23
10:57
10/23/17
10:57
Downgrade
Eldorado Gold rating change  »

Eldorado Gold downgraded…

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  • 27

    Oct

TMUS

T-Mobile

$60.46

-1.05 (-1.71%)

, S

Sprint

$6.99

0.055 (0.79%)

10:55
10/23/17
10/23
10:55
10/23/17
10:55
Hot Stocks
T-Mobile adds 1.3M customers as Un-carrier remains mum on potential Sprint deal »

Shares of T-Mobile US…

TMUS

T-Mobile

$60.46

-1.05 (-1.71%)

S

Sprint

$6.99

0.055 (0.79%)

DTEGY

Deutsche Telekom

$18.06

-0.09 (-0.50%)

SFTBF

SoftBank

$88.50

1.25 (1.43%)

03/08/13
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  • 30

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    May

HAS

Hasbro

$98.19

1.52 (1.57%)

10:55
10/23/17
10/23
10:55
10/23/17
10:55
Options
Hasbro put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 23

    Oct

NWBI

Northwest Bancshares

$17.66

0.08 (0.46%)

10:52
10/23/17
10/23
10:52
10/23/17
10:52
Earnings
Northwest Bancshares reports Q3 EPS 24c, consensus 22c »

Net interest income…

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