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ATVI

Activision Blizzard

$69.65

1.62 (2.38%)

, EA

Electronic Arts

$123.77

1.49 (1.22%)

12:26
02/15/18
02/15
12:26
02/15/18
12:26

U.S. Senators asks ESRB to review ratings process over loot boxes, Glixel says

U.S. Senator Maggie Hassan, a Democrat from New Hampshire, wrote a letter calling on the Entertainment Software Ratings Board to review the ratings process as it pertains to loot boxes, a form of microtransactions that appears in many video games, Rolling Stone's Glixel arm reports. The senator is calling on the ESRB to exmaine the marketing of such microtransactions to children and develop best practices for developers around such toxic loot boxes, and also asking the board to conduct a study that further looks into the reach and impact of loot boxes in games. Publicly traded game makers that have released games with these kinds of microtransactions include Activision Blizzard (ATVI), Electronic Arts (EA), Take-Two (TTWO), Ubisoft (UBSFY), and Warner Bros. Interactive (TWX). Reference Link

ATVI

Activision Blizzard

$69.65

1.62 (2.38%)

EA

Electronic Arts

$123.77

1.49 (1.22%)

TTWO

Take-Two

$106.56

-1.22 (-1.13%)

UBSFY

Ubisoft

$16.79

0.21 (1.27%)

TWX

Acquired by T

$94.54

0.02 (0.02%)

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ATVI Activision Blizzard
$69.65

1.62 (2.38%)

01/18/18
01/18/18
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. Caterpillar (CAT) initiated with a Buy at Berenberg. 2. Rosehill Resources (ROSE) initiated with an Outperform at Northland. 3. Arena Pharmaceuticals (ARNA) initiated with an Outperform at Credit Suisse. 4. Electronic Arts (EA) was initiated with an Outperform at Bernstein, while Activision Blizzard (ATVI) was initiated with a Market Perform. 5. Brookfield Business Partners (BBU) initiated with a Sector Perform at RBC Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
01/23/18
COWN
01/23/18
NO CHANGE
Target $66
COWN
Market Perform
Cowen sees 'some serious issues' with Activision's Destiny 2
Activision Blizzard's Destiny 2 is struggling with player engagement, and this could at least partially offset upside from Call of Duty: WWII in 2018, Cowen analyst Doug Creutz tells investors in a research note titled "Destiny Is Not In A Good Place." The analyst believes Destiny 2 has been having "some serious issues" for several months relating to unhappiness with microtransactions as well as its core design and communication. He keeps a Market Perform rating on Activision Blizzard with a $66 price target.
02/09/18
BARD
02/09/18
NO CHANGE
Target $80
BARD
Outperform
Activision Blizzard digital momentum led to solid yearly finish, says Baird
Baird analyst Colin Sebastian said Activision Blizzard reported better than expected Q4 results led by its solid digital momentum. He said there we no major surprises in the quarter and pointed to the long-awaited eSports ramp in the second half of 2018, which will help add visibility to out-year targets. Sebastian reiterated his Outperform rating and raised his price target to $80 from $75 on Activision Blizzard shares.
02/13/18
WEDB
02/13/18
NO CHANGE
Target $81
WEDB
Outperform
Activision Blizzard added to Best Ideas List at Wedbush
Wedbush analyst Jesse Bigelow is adding Activision Blizzard to his firm's Best Ideas saying the company's new investments have the potential to significantly expand its margins and profits for the next several years. Wedbush has an Outperform rating and $81 price target on the shares.
EA Electronic Arts
$123.77

1.49 (1.22%)

01/31/18
FBCO
01/31/18
NO CHANGE
Target $143
FBCO
Outperform
Electronic Arts price target raised to $143 from $131 at Credit Suisse
Credit Suisse analyst Stephen Ju raised his price target for Electronic Arts to $143 from $131 following quarterly results. The analyst reiterates an Outperform rating on the shares.
01/31/18
BERN
01/31/18
NO CHANGE
Target $150
BERN
Outperform
Electronic Arts price target raised to $150 from $139 at Bernstein
Bernstein analyst Todd Juenger raised his price target for Electronic Arts to $150 from $139 following quarterly results. The analyst reiterates an Outperform rating on the shares.
02/01/18
STFL
02/01/18
NO CHANGE
Target $141
STFL
Buy
Electronic Arts price target raised to $141 from $129 at Stifel
Stifel analyst Drew Crum noted that Electronic Arts was able to overcome a top line shortfall due to disappointing "Star Wars Battlefront II" with outperformance in digital. Management increased guidance for FY18 while conveying a positive outlook for FY19, added Crum, who increased his price target on EA shares to $141 and keeps a Buy rating on the stock.
02/02/18
BMOC
02/02/18
NO CHANGE
Target $150
BMOC
Outperform
Electronic Arts price target raised to $150 from $130 at BMO Capital
BMO Capital analyst Gerrick Johnson raised his price target on Electronic Arts to $150, saying the company overcame underperformance of the Star Wars title to report in-line Q3 earnings and raise Q4 guidance thanks to consistent strength of its sports games. Johnson notes that the company's financial performance was a "relief to investors who feared worse" while also reinforcing his bullish view of the Ultimate Team in-game transaction model. The analyst keeps his Outperform rating on Electronic Arts.
TTWO Take-Two
$106.56

-1.22 (-1.13%)

02/08/18
LEHM
02/08/18
NO CHANGE
Target $128
LEHM
Overweight
Take-Two price target raised to $128 from $121 at Barclays
Barclays analyst Ryan Gee raised his price target for Take-Two Interactive Software to $128 saying the company last night reported a "solid" Q3 earnings beat. The stock could see both multiple expansion and positive estimate revisions into Red Dead Redemption 2, Gee tells investors in a research note. He reiterates an Overweight rating on Take-Two.
02/08/18
BARD
02/08/18
NO CHANGE
Target $137
BARD
Outperform
Baird says buy Take-Two on weakness as fundamentals remain positive
Baird analyst Colin Sebastian noted Take-Two reported solid Q3 results and said the fundamentals remain positive given the digital transition and strong product sales. The analyst expects the shares to trade lower while investors digest the earnings report, but he recommends being a buyer on any weakness. Sebastian reiterated his Outperform rating and $137 price target on Take-Two shares.
02/08/18
WEDB
02/08/18
NO CHANGE
Target $126
WEDB
Neutral
Take-Two price target raised to $126 from $95 at Wedbush
Wedbush analyst Michael Pachter raised his price target for Take-Two to $126 from $95 noting that the company has consistently delivered upside to guidance and consensus, making its shares attractive over the near-term. The analyst reiterates a Neutral rating on the stock due to an unclear long-term release slate.
02/09/18
HDLY
02/09/18
UPGRADE
HDLY
Neutral
Take-Two upgraded to Neutral from Underperform at Hilliard Lyons
Hilliard Lyons analyst Jeffrey Thomison upgraded Take-Two to Neutral from Underperform following the company's third quarter report and a subsequent pullback yesterday in the stock.
UBSFY Ubisoft
$16.79

0.21 (1.27%)

11/17/17
BARD
11/17/17
NO CHANGE
Target $130
BARD
Outperform
Electronic Arts made right move in suspending micropayments, says Baird
Electronic Arts (EA) postponing in-game purchases for Star Wars: Battlefront II in response to pushback surrounding loot crates and microtransactions is the right step, Baird analyst Colin Sebastian tells investors in a research note. The analyst expects the game will still attract a large Star Wars fan base as well as holiday gift givers. Sebastian keeps an Outperform rating on Electronic Arts with a $130 price target. Should Battlefront II underperform amid recent negative publicity, Sebastian sees Activision Blizzard (ATVI) and Ubisoft (UBSFY) benefitting.
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).
TWX Acquired by T
$94.54

0.02 (0.02%)

01/31/18
MOFT
01/31/18
UPGRADE
MOFT
Buy
Time Warner upgraded to Buy from Neutral at MoffettNathanson
01/31/18
01/31/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Foot Locker (FL) upgraded to Outperform from Perform at Oppenheimer with analyst Anna Andreeva saying with Nike's (NKE) "onset" of innovation and adidas' (ADDYY) ongoing momentum, Foot Locker is poised to stabilize as 2018 unfolds. 2. American Airlines (AAL) and United Continental (UAL) were upgraded to Outperform from Market Perform at Bernstein. 3. Biogen (BIIB) upgraded to Buy from Neutral at UBS with analyst Carter Gould saying the market is underappreciating Biogen's pipeline opportunity and the potential for additional assets to be added through acquisitions. 4. Autoliv (ALV) upgraded to Outperform from Neutral at Baird with analyst David Leiker saying the core business appears to be at the inflection of delivering on strong market share gains from airbag recalls. 5. Time Warner (TWX) upgraded to Buy from Neutral at MoffettNathanson. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/02/18
DBAB
02/02/18
NO CHANGE
Target $114
DBAB
Buy
Deutsche ups Time Warner target to $114 on higher standalone value
Deutsche Bank analyst Bryan Kraft raised his 12-month stand alone valuation for Time Warner (TWX) to $114 from $109 to reflect the company's "stronger than anticipated" 2018 guidance and a lower than expected tax rate. The analyst also sees "attractive upside" in a takeover scenario, whether its the pending deal with AT&T (T) or another suitor should that deal break. He keeps a Buy rating on Time Warner.
02/13/18
MACQ
02/13/18
NO CHANGE
Target $1750
MACQ
Outperform
Amazon's Twitch aggregate viewership continues to rise, says Macquarie
Macquarie analyst Benjamin Schachter says Amazon's (AMZN) Twitch aggregate viewership continues to rise, and Twitch is now bigger than CNN (TWX). While eSports as a whole is becoming a more concrete opportunity, the analyst notes that which games and genres will be the most popular/viewed eSports over time is unclear. Schachter also highlights that the Overwatch League launched to peak views of over 408K and over 10M unique viewers across the opening week, and that display ads on Amazon properties like Twitch are meaningful contributors to Other revenue, which grew 58% to $4.65B in 2017. He reiterates an Outperform rating and $1,750 price target on Amazon's shares.

TODAY'S FREE FLY STORIES

SCL

Stepan Company

$75.84

0.62 (0.82%)

21:26
12/10/18
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21:26
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Conference/Events
Morgan Stanley semiconductors analysts to hold analyst/industry conference call »

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POL

PolyOne

$30.74

-0.24 (-0.77%)

21:17
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OLN

Olin

$20.32

0.14 (0.69%)

21:14
12/10/18
12/10
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Initiation
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KRA

Kraton

$24.26

0.3 (1.25%)

21:07
12/10/18
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Initiation
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HT

Hersha Hospitality

$18.49

-0.27 (-1.44%)

20:57
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Downgrade
Hersha Hospitality rating change at Wells Fargo »

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CARS

Cars.com

$23.94

-0.37 (-1.52%)

20:53
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Cars.com responds to letter from Starboard Value fund »

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VERI

Veritone

$6.90

1.28 (22.78%)

20:49
12/10/18
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Veritone confirms unsolicited bid from Apis Capital »

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NGVT

Ingevity

$86.46

1.31 (1.54%)

20:47
12/10/18
12/10
20:47
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20:47
Initiation
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FUL

H.B. Fuller

$41.36

-0.36 (-0.86%)

20:38
12/10/18
12/10
20:38
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20:38
Initiation
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EMN

Eastman Chemical

$72.77

-0.36 (-0.49%)

20:29
12/10/18
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20:29
Initiation
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DSW

DSW

$23.04

-1.19 (-4.91%)

20:25
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Earnings
Notable companies reporting before tomorrow's open »

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CE

Celanese

$89.79

-1.445 (-1.58%)

20:24
12/10/18
12/10
20:24
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20:24
Initiation
Celanese initiated at Stifel »

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ASIX

AdvanSix

$25.33

0.18 (0.72%)

20:18
12/10/18
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20:18
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Initiation
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GWW

Grainger

$285.60

-3.88 (-1.34%)

20:11
12/10/18
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20:11
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Initiation
Grainger initiated at Buckingham »

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NFLX

Netflix

$269.80

4.66 (1.76%)

20:00
12/10/18
12/10
20:00
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20:00
Initiation
Netflix initiated at DZ Bank »

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VIVHY

Vivendi

$0.00

(0.00%)

19:12
12/10/18
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19:12
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19:12
Periodicals
Vivendi seeks to invest in Trump partner's Indonesia TV unit, Bloomberg says »

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GOOG

Alphabet

$1,040.02

3.5 (0.34%)

, GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

19:05
12/10/18
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19:05
Periodicals
Human rights orgs urge Google to not launch censored app in China, Verge says »

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GOOG

Alphabet

$1,040.02

3.5 (0.34%)

GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

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ASNA

Ascena Retail

$2.73

-0.28 (-9.30%)

, ASPU

Aspen Group

$5.66

-0.14 (-2.41%)

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Ascena Retail

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ASPU

Aspen Group

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Tronox

$7.05

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CR

Crane

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SFIX

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CASY

Casey's General Stores

$119.64

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NX

Quanex

$14.05

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CAMP

CalAmp

$17.02

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RARX

RA Pharmaceuticals

$17.58

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SAEX

SAExploration

$3.33

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TROX

Tronox

$7.05

-0.25 (-3.42%)

18:46
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18:46
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18:46
Hot Stocks
Tronox CEO discloses purchase of 25K shares of common stock »

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ALGT

Allegiant Travel

$124.89

-1.45 (-1.15%)

18:37
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18:37
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Allegiant reports November total systems traffic up 10.1% »

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SPLK

Splunk

$108.55

2.85 (2.70%)

18:27
12/10/18
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18:27
12/10/18
18:27
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Splunk CEO says customers can now talk via voice-enabled assistants, CNBC says »

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EFC

Ellington Financial

$15.57

0.01 (0.06%)

18:22
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12/10
18:22
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18:22
Hot Stocks
Ellington Financial reports book value per share of $19.37 as of Nov. 30th »

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NTDOY

Nintendo

$0.00

(0.00%)

18:22
12/10/18
12/10
18:22
12/10/18
18:22
Periodicals
New 'Smash Bros.' fastest selling Switch game so far, Gamesindustry.biz says »

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GOOG

Alphabet

$1,040.02

3.5 (0.34%)

, GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

18:15
12/10/18
12/10
18:15
12/10/18
18:15
Periodicals
Google CEO supports privacy law, denies political bias, Bloomberg says »

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GOOG

Alphabet

$1,040.02

3.5 (0.34%)

GOOGL

Alphabet Class A

$1,052.80

5.81 (0.55%)

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

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  • 11

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