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Fly News Breaks for February 3, 2020
Feb 3, 2020 | 05:06 EDT
BMO Capital analyst Gerrick Johnson downgraded Electronic Arts to Market Perform from Outperform with a price target of $110, down from $130. The shares "could stall" as the Street grows concerned over uncertainty around monetization of current titles and a "haphazard" fiscal 2021 lineup, Johnson tells investors in a research note. While encouraged by Electronic Arts' improvement in its sports games and strong performance from Star Wars, the analyst believes continuing the recent momentum could prove more challenging that he thought. Johnson believes the shares are approaching fair value with limited upside.
News For EA From the Last 2 Days
Sep 22, 2021 | 17:21 EDT
In a regulatory filing, Electronic Arts disclosed that its CEO Andrew Wilson sold 10K shares of common stock on September 21st in a total transaction size of $1.28M, reducing his stake by about 5%.
Sep 22, 2021 | 12:30 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: This... To see the rest of the story go to See Story Here