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Fly News Breaks for May 15, 2019
TTWO, UBSFY
May 15, 2019 | 12:02 EDT
After a report citing Chinese news site Techweb claimed that the Epic games store has been unlocked in China, Goldman Sachs analyst Michael Ng said he views the news as positive for video game publishers, notably Take-Two (TTWO) and Ubisoft (UBSFY) given the launches of Borderlands 3 and The Outer Worlds by the former and The Division 2 and Ghost Recon Breakpoint for the latter. Ng has a Buy rating on Take-Two and a Neutral rating on Ubisoft.
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