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Fly News Breaks for October 11, 2019
Oct 11, 2019 | 07:10 EDT
SunTrust analyst Matthew Thornton says he expects "solid" Q3 reports from the video game companies, with Activision Blizzard (ATVI) having the most upside vs. consensus, driven by WoW and model EPS and revenue at 30c and $1.27B. The analyst raised his price target to $59 from $56 and maintains a Buy rating. He expects "at least" an in-line Q2 report from Electronic Arts (EA) and expects full-year guidance to be raised, though not likely to where the consensus is yet with half the fiscal year still to go. Thornton sees Take-Two's (TTWO) Q2 results to be slightly above the consensus, but sees initial Q3 guidance to be slightly below consensus, citing the company's "typical conservatism." He expects Take-Two to raise full-year guidance, though not likely to where the consensus is yet.
News For ATVI;EA;TTWO From the Last 2 Days
Nov 14, 2019 | 09:37 EST
Gaming Bus Tour travels throughout the West Coast on November 14-15.
Nov 13, 2019 | 11:36 EDT
Check out today's top analyst calls from around Wall Street, compiled by The Fly. RBC STARTS APPLE... To see the rest of the story go to See Story Here
Nov 13, 2019 | 08:20 EST
2019 Stephens Nashville Investment Conference will be held in Nashville on November 13-15.
Nov 12, 2019 | 12:45 EDT
NEW RELEASES: This week's major release in Nintendo's (NTDOY) "Pokemon Sword and Shield," the latest in the decades-long "Pokemon" franchise. The games roll... To see the rest of the story go to See Story Here