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EA

Electronic Arts

$142.80 /

+1.75 (+1.24%)

, ATVI

Activision Blizzard

$91.82 /

+0.315 (+0.34%)

09:51
07/21/21
07/21
09:51
07/21/21
09:51

Deutsche names Electronic Arts top pick in video games, upgrades to Buy

Deutsche Bank analyst Benjamin Soff took over coverage of the video game space and upgraded Electronic Arts (EA) to Buy from Hold with a price target of $175, up from $156. The analyst kept Buy ratings on Activision Blizzard (ATVI) and Take-Two Interactive (TTWO). He has a bullish view on industry fundamentals and selected Electronic Arts as his top pick in the group. EA has the "strongest organic growth outlook" in the sector this year, driven by continued strength in Apex Legends and other live services, a new Battlefield title this holiday season, and growing scale in mobile, Soff tells investors in a research note. The analyst believes EA's outlook is "very achievable" and that Street expectations are too low. This creates a favorable setup for this fiscal year, says the analyst.

EA

Electronic Arts

$142.80 /

+1.75 (+1.24%)

ATVI

Activision Blizzard

$91.82 /

+0.315 (+0.34%)

TTWO

Take-Two

$171.16 /

+1.09 (+0.64%)

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EA Electronic Arts
$142.80 /

+1.75 (+1.24%)

07/21/21 Deutsche Bank
Electronic Arts upgraded to Buy from Hold at Deutsche Bank
07/19/21 MKM Partners
Electronic Arts 'most attractive name' in video game group, says MKM Partners
07/15/21 Truist
Electronic Arts price target raised to $162 from $160 at Truist
07/13/21
Fly Intel: Top five analyst upgrades
ATVI Activision Blizzard
$91.82 /

+0.315 (+0.34%)

07/21/21 Deutsche Bank
Activision Blizzard price target lowered to $115 from $118 at Deutsche Bank
07/13/21 Berenberg
Activision Blizzard price target raised to $110 from $105 at Berenberg
06/29/21 BofA
US 1 List Changes at BofA
06/24/21
Fly Intel: Top five analyst initiations
TTWO Take-Two
$171.16 /

+1.09 (+0.64%)

07/21/21 Deutsche Bank
Take-Two price target lowered to $220 from $243 at Deutsche Bank
06/24/21 MoffettNathanson
Electronic Arts initiated with a Neutral at MoffettNathanson
06/24/21 MoffettNathanson
Take-Two initiated with a Buy at MoffettNathanson
06/21/21 Benchmark
Benchmark would be opportunistic amid recent Take-Two pullback

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