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EA

Electronic Arts

$111.92

-1.21 (-1.07%)

, TTWO

Take-Two

$113.96

-3.34 (-2.85%)

15:55
01/17/18
01/17
15:55
01/17/18
15:55

Wedbush digital media analyst hosts a dinner meeting

Digital Media Analyst Pachter hosts a Video Game Bull Bear Dinner Meeting in New York on January 17.

EA

Electronic Arts

$111.92

-1.21 (-1.07%)

TTWO

Take-Two

$113.96

-3.34 (-2.85%)

ATVI

Activision Blizzard

$68.71

-1.65 (-2.35%)

NTDOY

Nintendo

$49.98

-0.42 (-0.83%)

  • 17

    Jan

  • 30

    Jan

  • 07

    Feb

  • 08

    Feb

  • 21

    Feb

EA Electronic Arts
$111.92

-1.21 (-1.07%)

01/12/18
MSCO
01/12/18
DOWNGRADE
MSCO
Equal Weight
Electronic Arts downgraded to Equal Weight from Overweight at Morgan Stanley
01/12/18
PIPR
01/12/18
NO CHANGE
PIPR
NPD video game software sales flat for December, says Piper Jaffray
December NPD video game software sales were flat year-over-year, driven by strong growth for Call of Duty: WWII and Nintendo's Super Mario Odyssey, Piper Jaffray analyst Michael Olson tells investors in a research note. He notes Electronic Arts' (EA) Star Wars Battlefront II ranked third among top titles for December, but was down significantly versus the prior iteration due to a controversy around the microtransaction mechanic which was temporarily removed. The analyst views the December NPD data as most negative for Electronic Arts, due to Star Wars, and most positive for Activision (ATVI), driven by a strong rebound for Call of Duty: WWII. Take-Two (TTWO) results were solid, especially considering digital revenue from GTA Online is not accounted for by NPD, Olson says. He maintains Overweight ratings on Activision Blizzard, Electronic Arts and Take-Two.
01/12/18
MSCO
01/12/18
DOWNGRADE
Target $120
MSCO
Equal Weight
Electronic Arts downgraded on reduced 'Star Wars' estimates at Morgan Stanley
As previously reported, Morgan Stanley analyst Brian Nowak downgraded Electronic Arts to Equal Weight from Overweight after disappointing "Star Wars: Battlefront 2" third party data led him to lower his Star Wars unit estimate in Q3 to 10M from 13M. He adds that he doesn't expect any microtransactions from Star Wars until Q4 and that any roll out of microtransactions will be heavily scrutinized after the issues already experienced by the game. The analyst, who reduced his FY18 and FY19 EPS estimates for EA by 8% and 9%, respectively, lowered his price target on the stock to $120 from $126.
01/12/18
01/12/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Facebook (FB) downgraded to Hold from Buy at Stifel with analyst Scott Devitt arguing there is currently "too much uncertainty" relating to the economic impact of the company's pending News Feed changes communicated in a post last night by CEO Mark Zuckerberg. 2. Snap (SNAP) downgraded to Underperform from Market Perform at Raymond James with analyst Aaron Kessler saying Snap is largely a Chat/Message app and not a camera company as it refers to itself. 3. Etsy (ETSY) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Brian Nowak citing valuation as being too expensive compared to its peers and the stock's historical average. 4. Comcast (CMCSA) downgraded to Buy from Action List Buy at TD Securities with analyst Vince Valentin citing recent shares strength and to make room of new Action List addition Shaw Communications (SJR), where he now sees better upside potential. 5. Electronic Arts (EA) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Brian Nowak citing disappointing "Star Wars: Battlefront 2" third party data. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
TTWO Take-Two
$113.96

-3.34 (-2.85%)

12/18/17
BTIG
12/18/17
INITIATION
Target $142
BTIG
Buy
Take-Two initiated with a Buy at BTIG
BTIG analyst Brandon Ross initiated Take-Two with a Buy rating and price target of $142 as part of his broader note forecasting a multi-year run in videogame stocks thanks to their expanding user engagement. Ross says Take-Two will be further supported with the release of Red Dead Redemption 2 and the approaching update to Grand Theft Auto franchise in the early 2020's.
01/08/18
KEYB
01/08/18
NO CHANGE
KEYB
Activision Blizzard, Take-Two best positioned to take share in eSports, says KeyBanc
KeyBanc analyst Evan Wingren believes 2018 is a crucial year for eSports, with the Overwatch League and the League of Legends North American League Championship Series defining the initial success or failure of eSports despite the relatively young competitive environment within Overwatch. Wingren views Activision Blizzard (ATVI) and Take-Two (TTWO) as best positioned to take share in the eSports market as of now.
12/19/17
KEYB
12/19/17
NO CHANGE
KEYB
KeyBanc bullish on Take-Two, Activision Blizzard
KeyBanc analyst Evan Wingren recommends buying Take-Two (TTWO) and Activision Blizzard (ATVI), and says he sees video game valuations as attractive given his expectation for fundamentals continuing to uptick in 2018. Additionally, the analyst notes that he favors Take-Two/Activision Blizzard over Electronic Arts (EA) in the near-term given Star Wars issues, but continues to recommend long-term exposure given the secular trends, profitability, better year over year comps in FY19, and a lower valuation. Wingren also sees slightly positive risk/reward for Zynga in the near term as the turnaround story continues to be favorable.
ATVI Activision Blizzard
$68.71

-1.65 (-2.35%)

01/04/18
BNCH
01/04/18
NO CHANGE
BNCH
Benchmark includes Alibaba, Activision among best ideas for first half
Benchmark analysts have complied their list of Best Ideas for the first half of 2018, which includes Axcelis (ACLS), Activision Blizzard (ATVI), Alibaba (BABA), BioTelemetry (BEAT), LivePerson (LPSN), Marvell (MRVL), NCR Corp. (NCR), Omnicell (OMCL), Pegasystems (PEGA), Quantenna (QTNA), Sinclair Broadcast (SBGI), Select Medical (SEM), STAAR Surgical (STAA) and Western Digital (WDC).
12/20/17
GSCO
12/20/17
NO CHANGE
Target $73
GSCO
Buy
Datapoints suggest upside to Activision Blizzard Q4, says Goldman Sachs
Goldman Sachs analyst Christopher Merwin notes that Activision Blizzard disclosed that Call of Duty WWII sell-through to date has passed $1B globally, following a recent datapoint from NPD that WWII is the best-selling Call of Duty title since Black Ops II. The analyst believes these two datapoints could suggest upside to consensus Q4 EPS estimates and importantly buyside expectations for 2018 guidance, assuming a strong digital sell season for Call of Duty in 2018 and continued execution at Blizzard and King. He reiterates a Buy rating and $73 price target on the shares.
NTDOY Nintendo
$49.98

-0.42 (-0.83%)

10/25/17
LYON
10/25/17
DOWNGRADE
LYON
Sell
Nintendo downgraded to Sell from Underperform at CLSA
11/13/17
BMOC
11/13/17
UPGRADE
Target $200
BMOC
Market Perform
Nvidia upgraded to Market Perform at BMO Capital on strong data center business
As noted earlier, BMO Capital analyst Ambrish Srivastava upgraded Nvidia to Market Perform from Underperform and raised his price target to $200 from $135. Srivastava says the company has demonstrated a "far stronger" data center business than he had forecast and its leverage is greater than anticipated. The analyst adds that his prior negative view was based on anticipated deceleration in the gaming industry, however the business wins at Nintendo and help from the cryptocurrency market allowed Nvidia to achieve higher levels that expected.
12/07/17
BARD
12/07/17
NO CHANGE
BARD
Data so far suggesting healthy holiday game sales, says Baird
Baird analyst Colin Sebastian noted that French game maker Ubisoft (UBSFY) raised its revenue and margin guidance for the December quarter, which he views as a slight positive for video game industry sales momentum this holiday season. Data also point to solid sales for both Sony's (SNE) PS4 and Nintendo's (NTDOY) Switch, which are a driver of software as well as a key catalyst for Gamestop (GME), Sebastian added. Other publicly traded companies in the video game space include Activision Blizzard (ATVI), Electronic Arts (EA), Take-Two (TTWO) and Microsoft (MSFT).
10/09/17
NEED
10/09/17
NO CHANGE
Target $20
NEED
Buy
Nintendo Switch sales to drive upside for Cypress Semiconductor, say Needham
Needham analyst Rajvindra Gill says that strong demand for Nintendo's (NTDOY) Switch consoles may drive near-term and possibly long-term upside for Cypress Semiconductor (CY). Cypress currently supplies one WiFi/BT combo chip per console and two Bluetooth controllers for every device, writes Gill in his research note. He says Nintendo will likely exceed its 20M sales target on the gaming system. More importantly, FY18 will mark the start of Switch sales in China, where the analyst estimates sales of 16M units. Gill maintains a Buy rating and a $20 price target on Cypress Semiconductor.

TODAY'S FREE FLY STORIES

EQH

AXA Equitable

$20.94

-0.01 (-0.05%)

18:07
06/19/18
06/19
18:07
06/19/18
18:07
Hot Stocks
Breaking Hot Stocks news story on AXA Equitable »

AXA Equitable reports Q1…

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  • 20

    Jun

EQH

AXA Equitable

$20.94

-0.01 (-0.05%)

18:06
06/19/18
06/19
18:06
06/19/18
18:06
Earnings
AXA Equitable reports Q1 non-GAAP EPS 83c, consensus 82c »

Reports Q1 revenue…

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    Jun

BAESY

BAE Systems

$0.00

(0.00%)

18:06
06/19/18
06/19
18:06
06/19/18
18:06
Periodicals
USMC awards BAE contract to deliver new amphibious vehicles, Reuters says »

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ATNI

ATN International

$55.30

0.57 (1.04%)

18:04
06/19/18
06/19
18:04
06/19/18
18:04
Hot Stocks
ATN International acquires Geoverse LLC, terms not disclosed »

Geoverse, LLC, a…

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WBA

Walgreens Boots Alliance

$64.61

0.47 (0.73%)

, GE

General Electric

$12.96

-0.24 (-1.82%)

18:01
06/19/18
06/19
18:01
06/19/18
18:01
Hot Stocks
Walgreens Boots Alliance to replace General Electric in DJIA at open on 6/26 »

Walgreens Boots Alliance…

WBA

Walgreens Boots Alliance

$64.61

0.47 (0.73%)

GE

General Electric

$12.96

-0.24 (-1.82%)

03/08/13
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03/06/13
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  • 28

    Jun

HPE

HP Enterprise

$15.90

-0.02 (-0.13%)

18:01
06/19/18
06/19
18:01
06/19/18
18:01
Hot Stocks
HP Enterprise to invest $4B in Intelligent Edge technologies »

Hewlett Packard…

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  • 10

    Jul

SBUX

Starbucks

$57.43

0.22 (0.38%)

, NSRGY

Nestle

$0.00

(0.00%)

17:59
06/19/18
06/19
17:59
06/19/18
17:59
Hot Stocks
Starbucks slips after announcing more store closures, cutting Q3 SSS view »

Shares of Starbucks…

SBUX

Starbucks

$57.43

0.22 (0.38%)

NSRGY

Nestle

$0.00

(0.00%)

03/08/13
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03/06/13
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03/06/13
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  • 19

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    Jun

BX

Blackstone

$32.72

-0.31 (-0.94%)

, GS

Goldman Sachs

$228.20

-3.185 (-1.38%)

17:56
06/19/18
06/19
17:56
06/19/18
17:56
Hot Stocks
Blackstone to acquire PSAV »

PSAV announced that it…

BX

Blackstone

$32.72

-0.31 (-0.94%)

GS

Goldman Sachs

$228.20

-3.185 (-1.38%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 19

    Jun

SBUX

Starbucks

$57.43

0.22 (0.38%)

17:42
06/19/18
06/19
17:42
06/19/18
17:42
Recommendations
Starbucks analyst commentary  »

Starbucks has no…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 19

    Jun

  • 22

    Jun

ORCL

Oracle

$46.29

-0.25 (-0.54%)

17:36
06/19/18
06/19
17:36
06/19/18
17:36
Hot Stocks
Breaking Hot Stocks news story on Oracle »

Oracle reverses, now down…

03/08/13
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03/06/13
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  • 19

    Jun

ORCL

Oracle

$46.29

-0.25 (-0.54%)

17:32
06/19/18
06/19
17:32
06/19/18
17:32
Earnings
Oracle sees Q1 adjusted EPS 67c-69c in USD, consensus 72c »

Sees Q1 adjusted EPS…

03/08/13
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  • 19

    Jun

WBA

Walgreens Boots Alliance

$64.61

0.47 (0.73%)

, GE

General Electric

$12.96

-0.24 (-1.82%)

17:32
06/19/18
06/19
17:32
06/19/18
17:32
Hot Stocks
Walgreens Boots Alliance to replace General Electric in DJIA »

Walgreens Boots Alliance…

WBA

Walgreens Boots Alliance

$64.61

0.47 (0.73%)

GE

General Electric

$12.96

-0.24 (-1.82%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 28

    Jun

BA

Boeing

$341.10

-13.69 (-3.86%)

, FDX

FedEx

$258.35

-5.295 (-2.01%)

17:32
06/19/18
06/19
17:32
06/19/18
17:32
Hot Stocks
Boeing announces FedEx order valued at $6.6B for 24 medium and large freighters »

Boeing (BA) and FedEx…

BA

Boeing

$341.10

-13.69 (-3.86%)

FDX

FedEx

$258.35

-5.295 (-2.01%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 19

    Jun

  • 20

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  • 21

    Sep

WBA

Walgreens Boots Alliance

$64.61

0.47 (0.73%)

17:31
06/19/18
06/19
17:31
06/19/18
17:31
Hot Stocks
Breaking Hot Stocks news story on Walgreens Boots Alliance »

Walgreens jumps 4% to…

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  • 28

    Jun

ORCL

Oracle

$46.29

-0.25 (-0.54%)

17:29
06/19/18
06/19
17:29
06/19/18
17:29
Hot Stocks
Breaking Hot Stocks news story on Oracle »

Oracle CEO Catz says…

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  • 19

    Jun

GE

General Electric

$12.96

-0.24 (-1.82%)

17:26
06/19/18
06/19
17:26
06/19/18
17:26
Hot Stocks
Breaking Hot Stocks news story on General Electric »

GE drops 21c to $12.74…

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BPOP

Popular

$46.64

0.19 (0.41%)

17:26
06/19/18
06/19
17:26
06/19/18
17:26
Syndicate
Breaking Syndicate news story on Popular »

Popular files automatic…

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SRAX

Social Reality

$4.66

0.2 (4.48%)

17:25
06/19/18
06/19
17:25
06/19/18
17:25
Syndicate
Breaking Syndicate news story on Social Reality »

Social Reality files to…

03/08/13
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03/06/13
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17:25
06/19/18
06/19
17:25
06/19/18
17:25
Conference/Events
Stephens restaurants analyst to hold a dinner meeting »

Restaurant Analyst…

SBUX

Starbucks

$57.43

0.22 (0.38%)

17:23
06/19/18
06/19
17:23
06/19/18
17:23
Hot Stocks
Breaking Hot Stocks news story on Starbucks »

Starbucks says June comp…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 19

    Jun

  • 22

    Jun

ORCL

Oracle

$46.29

-0.25 (-0.54%)

17:23
06/19/18
06/19
17:23
06/19/18
17:23
Earnings
Breaking Earnings news story on Oracle »

Oracle sees FY19 revenue…

03/08/13
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03/06/13
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  • 19

    Jun

VALE

Vale

$12.97

-0.21 (-1.59%)

17:23
06/19/18
06/19
17:23
06/19/18
17:23
Syndicate
Breaking Syndicate news story on Vale »

Vale files automatic…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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WBA

Walgreens Boots Alliance

$64.61

0.47 (0.73%)

, GE

General Electric

$12.96

-0.24 (-1.82%)

17:21
06/19/18
06/19
17:21
06/19/18
17:21
Hot Stocks
Breaking Hot Stocks news story on Walgreens Boots Alliance, General Electric »

Walgreens Boots Alliance…

WBA

Walgreens Boots Alliance

$64.61

0.47 (0.73%)

GE

General Electric

$12.96

-0.24 (-1.82%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 28

    Jun

RMTI

Rockwell Medical

$5.47

0.07 (1.30%)

17:20
06/19/18
06/19
17:20
06/19/18
17:20
Hot Stocks
Rockwell Medical parties to engage in mediation June 19 »

On June 13, the Circuit…

03/08/13
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ORCL

Oracle

$46.29

-0.25 (-0.54%)

17:18
06/19/18
06/19
17:18
06/19/18
17:18
Hot Stocks
Oracle sees FY19 CapEx 'similar' to FY18 »

Sees FY19 tax rate…

03/08/13
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  • 19

    Jun

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