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Fly News Breaks for January 31, 2020
Jan 31, 2020 | 07:21 EDT
Nomura Instinet analyst Andrew Marok raised his price target for Electronic Arts to $120 from $110 saying the company's main release in the quarter, Star Wars Jedi: Fallen Order, was a bright spot. He keeps a Buy rating on the shares.
News For EA From the Last 2 Days
Oct 27, 2020 | 12:31 EDT
For this week's edition of "Game On," The Fly spoke with Jefferies analyst Alex Giaimo in an exclusive interview on a variety of gaming subjects, including the upcoming earnings season for big publishers, cloud gaming, and more. NEW CONSOLES: Ahead... To see the rest of the story go to See Story Here
Oct 27, 2020 | 09:10 EDT
Electronic Arts (EA) announced that on December 4, the next generation versions of EA Sports Madden NFL 21 and FIFA 21 will be available worldwide. The games on PlayStation 5 (SNE) will also feature new haptic technologies via the new DualSense controller. Players who buy, or who have already bought, Madden NFL 21 or FIFA 21 for Xbox One (MSFT) and/or PlayStation 4 from now to the launch of Madden NFL 22 and FIFA 22 will receive the Xbox Series X S and/or PlayStation 5 version of the game they've purchased for free when the new games are released in December. Players can carry over their progress and content in Ultimate Team, The Yard and both Franchise modes in Madden NFL 21, and their progress and content in Ultimate Team and Volta Football in FIFA 21.
Oct 26, 2020 | 13:54 EDT
Electronic Arts (EA) said in a blog post that the company is "still hard at work" on a port of popular battle royale shooter "Apex Legends" for the Nintendo Switch (NTDOY), but the team "needs more time." "This year has brought on unexpected new challenges, to put it mildly, and we don't want to rush anything out," EA said in a blog post. "Switch owners can expect to get their hands on Apex Legends next year. And of course, when Apex Legends does launch on Switch, it'll come with support for cross-platform play, our latest seasonal content, and full feature parity with the other versions of the game." Reference Link
Oct 26, 2020 | 08:30 EDT
JPMorgan analyst Alexia Quadrani raised the firm's price target on Electronic Arts to $155 from $150 and keeps an Overweight rating on the shares. The video game publishers continue to benefit from heightened engagement and spending during the pandemic as other forms of entertainment remain on hiatus, Quadrani tells investors in a research notel.