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Fly News Breaks for November 26, 2019
Nov 26, 2019 | 11:07 EDT
After Electronic Arts issued a press release this morning to announce that Star Wars Jedi Fallen Order is "the fastest-selling digital launch for a Star Wars game in its first two weeks," SunTrust analyst Matthew Thornton said he believes this means the game is tracking "at least in-line" with the midpoint of guidance for 6M-8M units for FY20. If the game is successful, as this morning's press releases seems to suggest, Thornton said he continue to expect EA to follow up the launch with paid downloadable content. Thornton keeps a Buy rating on EA shares with a $107 price target on the stock.