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Fly News Breaks for November 15, 2019
Nov 15, 2019 | 09:51 EDT
Electronic Arts launched Star Wars Jedi: Fallen Order today and early reviews of the single-player game are materially outpacing prior EA Star Wars games and last year's Battlefield, Piper Jaffray analyst Michael Olson tells investors in a research note. The average Metascore for the title is 87.5 based on almost 50 reviews versus last year's Battlefield at 77.3 and Star Wars Battlefront II at 66.3, Olson points out. Based on the "strong early reception," the analyst believes his fiscal 2020 6M-8M unit estimate for Star Wars Jedi "is beginning to look conservative." He maintains an Overweight rating on Electronic Arts with a $106 price target.