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Fly News Breaks for December 2, 2019
EA, ATVI
Dec 2, 2019 | 07:16 EDT
Stephens analyst Jeff Cohen said his retail checks around Black Friday pointed to strong demand for Electronic Arts' (EA) sports games as well as "Jedi Fallen Order," along with Activision's (ATVI) "Call of Duty Modern Warfare." Given strong word of mouth, reviews, and excitement around the Star Wars franchise, Cohen said he expects "Jedi Fallen Order" to continue selling well through the holiday season, adding that he believes EA shares will break out of the $90-$100 range they have been in for most of 2019. Cohen has Overweight ratings on both EA and Activision, which he calls his top picks in the console gaming space.
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