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Fly News Breaks for May 21, 2019
EA
May 21, 2019 | 05:01 EDT
Ahead of the annual E3 video game conference, Baird analyst Colin Sebastian added shares of Electronic Arts as a near-term "Fresh Pick." Investors at E3 will have an opportunity to meet management teams and preview 2019 titles ahead of second half of 2019 launches, Sebastian tells investors in a research note. He believes sentiment for Electronic Arts has the highest likelihood of improvement coming out of the conference. The analyst expects Star Wars Jedi to preview well and keeps an Outperform rating on the shares with a $114 price target.