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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
Oct 20, 2020 | 12:37 EDT
For this week's edition of "Game On," The Fly spoke with SunTrust analyst Matthew Thornton on a variety of gaming subjects, including the upcoming earnings season for big publishers, cloud gaming, and more. NEW CONSOLES: Both... To see the rest of the story go to See Story Here